i'm with esuper also for 3 yrs - last year full pension age 63.
the way i read it u can take the lot as a pension in one hit anytime.
my ideal payment frequency is $10k every few months just to pay out my living expenses/credit card.
Have also taken bigger amounts to buy car and a house- claimed these as pension payments as well.
Technically they were lump sum payments and had the option to tick these off as lump sum or pension payment.- but it says u can claim any amount as pension- so ticked pension payments. (just a bit worried that they may say they are lump sums- and might get a warning or fine as the sole trustee.)
thanks to some good gains on the asx for the last 3 yrs, now reweighting the majority into cash, to preserve capital and figuring out how to maintain the equity curve- as I sense the participants in the last 3 yr spec boom have been taken for a ride, by some high flying stocks still crashing downwards. Fine to hop on and make the money in this, if u could do it- but I think its about over, when all the mining stocks are jumping like popcorn. From my research this is the last stage (lasts about 18 months)before all stocks downtrend.I was not a full on participant like a lot of experienced HC people- so just my take on it.
However this time it really is different- because of SMSF people potentially own/control >50% of the stockmarket. What a blessing it has been. I've gone from below the world poverty limit for years, suffering mental anxiety to the top5% of earners , in a few years, according to aussie gov.
I owe it all to making up and progressing with, my own magic money monkey mantras and , designed for my own holistic skillset, brainwashing, hypnosis and NLP, target/goal recalibrations and ignorance and persistence- trader qualities.
Now need to go to the next level, which is scary for a habitual hermit, of working with a team of 3 certain type personalities- according to "wealth dynamics". Others have travelled the path- wisdom is finding it and following it- yet beautiful freedom of ones own creations rules.
I seem to have hit the psychological limit again. Noticed this a few times as I progressed- the point of maximum chaos and perbutatation - as I researched it previously- the point before the next stage of evolution to a new level of my goal/mindset.
This similar instance observed/studied by wealth dynamics of other people as they progress the transitions.
Anyway- i'll just rest in my arthritic state from over doing it, until the universe makes my life more beautiful from my own magic mantras and the help of others co creating the original formless energy that forms solutions.
Havnt taken the valium the doc gave me for the pain, so a bit of philosophy, foresight and hindsight and making up something from the 26 alphabet letters, so I can sleep without pain. Or is it the kineasology of having a stock that will cause wealth pain.
My father said its all in the mind-as I sobbed in tears of desperation of nothing to do with my time. So have chosen to become a time lord- So put my faith in the illusion of time, which is meaning nothing, except reference measurements and whatever meaning you give your body frequencies/vibes time to.
The other concern is Aunty Hot Copper the cure for our wealth, or now thats its listing - the end of the good times.
Like talking to myself, the answers are there somewhere.
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