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use 16 to calculate how much is enough for retirement, page-43

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CptAwesome

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27/11/17

18:08

Post #: 29155094
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Originally posted by Bootsnall ↑

Getting back to the original topic ..

Basically .. the government view is that if you earn more than $100,000 p.a. from a pension stream, you can pay tax at marginal rates .. so if you retire early the answer is no .. it is 16 ..

Of course there is a further sting in early retirement as you don't get the tax offset for untaxed taxable pension income (now restricted to $10,000 p.a.) until age 60.

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Marginal rate? What if you held the rest in your accumulation account at 15%.
2 Upvote

0 Great analysis

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