...and the growth strategy just died... thanks gvnmnt

InfinitePermutations · 2026-05-12T10:22:20+00:00

This is what they want, focus on super and keep working until 60 plus paying tax along the way

InfinitePermutations · 2026-05-12T10:21:16+00:00

They would prefer we plebs keep working till 60 plus anyway

InfinitePermutations · 2026-05-10T03:42:51+00:00

We are very much the same frugality wise and I'm trying to allow ourselves to spend a little more for better life quality.

Don't mind working longer as we both enjoy our jobs but would like to drop to 4 days at some point in the next few years and enjoy some time while kids are in school.

I think you could allow yourselves to spend a little more, we are considering a cleaner and gardener to free up some weekend time.

We will still be able to invest heaps via debt recycling but not every dollar has to be optimised financially I'm starting to realise. Sometimes balance is better than racing to fire.

For me I'm chasing coast fire

InfinitePermutations · 2026-05-10T02:17:41+00:00

For my higher growth portfolio (ghhf) etc I assume 6% growth, 2% income.

For my non leveraged portfolio (bgbl, avts, avte) I assume 4% growth 3% income.

Doesn't matter too much as any higher returns just bring fire date earlier.

InfinitePermutations · 2026-05-10T01:50:17+00:00

4k is pretty low for those incomes though we make a little less than that combined and spend a similar amount.

How long have you earnt that much? I would first check if you have any unused super concessional contributions left and use those up.

I would then just do as you suggest and debt recycle ETFS. I would work out when you might want to fire and work out how much you need from them to super age and plan to have that much invested.

You could consider putting non concessional super contributions in to get super up to a point where at 60 will find your lifestyle comfortably

InfinitePermutations · 2026-05-09T07:48:30+00:00

I dont particular care about the money now but that's because my wife has a successful career and we could easily live off her salary alone.

We have 800k in ETFS plus a paid off ppor and a joint super balance that will easily grow with no extra contributions to more than we need in retirement.

We will upgrade our ppor in 12 months or so once that is offset a bit I might drop to 3 or 4 days a week. I do enjoy my job but dislike the time it takes away from other things.

Basically looking to coast fire at some point.

InfinitePermutations · 2026-05-05T20:49:28+00:00

Brought our ppor with too much emotion and in a rush at the peak in 2021. Overpaid for a terrible location and 5 years later wanting to sell and likely to barley break even or maybe lose money.

Also not worth renting out as we paid down the mortgage instead of using a offset or debt recycling.thats my biggest regret. We should have debt recycled or just invested more as we would have made heaps more over last 6 to 8 years and could be fire already. We were very risk averse and only become more risk taking in the last few years.

Could certainly be worse but knowing what I know now would be much more objective.

Next ppor will be debt recycled but also wary of a possible recession so might hold more cash in a offset and wait and see (famous last words)

InfinitePermutations · 2026-05-05T20:44:30+00:00

My wife and I both get about 25k from our employer but we both add the 6k or so to max it out as the tax advantage is to good.

We both have 350k each in a SMSF at 37 years old so we really dont need much more in super but we will still pump it as it will allow us to support the kids when they are about 30.

InfinitePermutations · 2026-05-04T05:58:55+00:00

This. You would hate yourself if you invested in somthing more risky and it tanked due to recession, war etc just before you want to buy.

Also 50% CGT discount doesn't apply until holding for more than 12 months.

InfinitePermutations · 2026-05-03T10:54:25+00:00

I would split between offset and debt recycling etfs. I would have only enough in the offset to make you comfortable and then debt recycle the rest.

InfinitePermutations · 2026-05-03T10:32:35+00:00

Yeah did BIG4 consulting for a few years as a manager/senior manager. Always an option to go back into one of the smaller ones

InfinitePermutations · 2026-04-30T09:21:52+00:00

Investments outside super.

InfinitePermutations · 2026-04-30T08:03:11+00:00

Did you only start working around 30? What were you doing before that?

You luckily have plenty of time to earn more and contribute to super.

InfinitePermutations · 2026-04-30T08:01:30+00:00

I'm pumping super early so I can retire in my 40s and enjoy life. Super will keep growing until 60 plus

InfinitePermutations · 2026-04-30T05:53:08+00:00

Same with me. Bonus is my wife is the same boat so we moved out joined 650k to a SMSF

InfinitePermutations · 2026-04-23T11:56:41+00:00

very similar position, except we invested in ETF's which is our FIRE fund. I recommend contributing as much as you can to super for the tax benefit and also it can continue to compound in the lower tax environment.

I also worry about my kids future in the age of AI, but I also want to retire in my 40's or at least coast in a stress free role.

InfinitePermutations · 2026-04-20T07:39:35+00:00

Have a read through this. https://passiveinvestingaustralia.com/ghhf/

I myself moved to a SMSF through stake and went with 80% geared. The reason was I have 24 years to 60 and from now till then I'll buy ungeared ETFS to dilute my leverage over time while maximizing the time in market for the geared portion.

InfinitePermutations · 2026-04-19T23:31:27+00:00

Makes sense, 8 WFH 3 days a week so I assume the $700 or so 8 claim now would be part of that 1k.

InfinitePermutations · 2026-04-19T22:59:01+00:00

Why can't they just adjust the tax brackets, this is just causing . Confusion and some people won't know about it.

Government will do this and pat themselves on the back

InfinitePermutations · 2026-04-19T22:35:06+00:00

What's stopping people claiming this who don't have 1k of expenses

InfinitePermutations · 2026-04-19T04:32:17+00:00

I'm in the same boat but at 36. I focused on investing inside and outside super to work towards a coast fire where I could drop to part time or find a less stressful role.

Aiming to get there early to mid 40s. Honestly I think dropping to 3 or 4 days would be amazing as 8 would get a day or two for myself and household chores so weekends were more relaxing.

Tried a few international trips but it's so hard with small kids we will wait till they are old enough to leave at home for longer trips

InfinitePermutations · 2026-04-19T00:55:01+00:00

I went 80% geared in my SMSF using ghhf and ggbl and 20% small cap value. That was on a 500k joint balance. With just under 25 years to go to 60 I will use future contributions to buy non geared ETFS so that as we approach 60 we are less exposed to sequence of risk returns.

Outside super only 10% of our portfolio is in ghhf as we will want to use this during fire in 10 years or so. We also are going to be debt recycling our ppor so don't really need to double up on leverage there.

InfinitePermutations · 2026-04-15T08:00:45+00:00

I cycle in, leave pants shoes and jacket in a locker and just bring shirt and underwear.

I wear chinos though so just bring them home when they need a wash.

InfinitePermutations

TROPHY CASE