In your weekend report you said “I’m over 55 and on a transition to retirement pension to ensure the lowest, legal amount of tax. If you’re over 55 and not doing this, then you’re possibly as crazy as those short-term traders, who sold off when the Fed boss, Janet Yellen, made her rookie Chairman mistake alluding to an interest rate rise around mid-2015.”

I am also over 55 but don’t see where the TTR tax advantages are if you still have a full time job and are hit at the end of the year with income tax on the amounts you take out of the SMSF as TTR – or am I missing something?

Would appreciate your views.