I turn 60 next January. My super is in the accumulation phase now but I wish to start drawing a pension at some stage during the next financial year.

Will I maximise my tax position by switching to pension phase on July 1 but delaying any pension payments until after my 60th birthday?



Your adviser will be able to do the sums for you and how much tax you would pay, if any, depends on what other assets you have. 

You could certainly minimise tax by using the strategy you suggest and if you are short of money in the meantime, you could make a small withdrawal from your super to give you some liquidity. 

Remember, the first $175,000 of the taxable portion of your super can be withdrawn tax free once you turn 55 and retire.