Do you include franking credits into your calculations?
Early end-game
I'm in my early 30s and looking to take a mini retirement. Roughly 6-9 months off work for slow travel, learning a language and spending time with family and relatives abroad.
Thought it might also be a good time to offload a couple of Sydney properties to take profit. My earned income will be minimal so CGT is minimised. Use profits to pay off remaining PPOR debt, reduce investment debt and invest into dividend paying shares.
Semi end-game
Return to work on a contract basis (work 6 months a year, 6 months travelling) or part-time. Just enough to pay for living expenses and continue to DCA a little into shares. My thinking is that life will be much more enjoyable this way with the tradeoff being that my full retirement date will be pushed out by a few years.
Property continues to compound in the background
End End-game
Sell majority of the property portfolio and convert to more dividend paying shares and live off fully franked dividends.
Sounds great.