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Yes, success is 80% Mindset x 20% applied strategy. In other words how you think is 4 times more important than how you do it. Glad to help.

Yep. Sorry I was meaning for MIW. With the funds quoted as being available she could possibly secure 20+ years of lifestyle costs prior to rat race exit providing she can service the progressive drawings. If she doesnt want 20, then do 10 and purely LOR like yourself. Same LOR option I also...

Cash flow is very very important. The drawings are serviced with it. ...not sure where I indicated it's not :confused: The funds are already accessed and available.

Hi MIW, lvr is 50%. Not sure of what your cash flow is or lifestyle costs, but if you can pull up to $2.8m and have the cash flow to cover the interest component then you are in an excellent position. Quick calculation, $100k per year to fund lifestyle over 10 years @ 6% = $1.3M total funds...

Calculated assumption..when you know how..worse case I live on $200k instead LOR ;)

I've secured all the funds required to fund lifestyle for the next 10+ years prior to exiting payg. In 10 years time portfolio values & yields will be double again. But arent intending to draw down on it until another 10 years after that due to our SMSF which can be drawn upon tax free for that...

G'day Goanna, great to see you back. Im now in my CGA LOE harvesting phase, having fully exited the rat race last year.