work on ETF strategy and find out in FR tax environment it's better to mix Dist and Acc. Dist will allow a steady income even when markets are bad, but are immediately taxed in FR (30%), then Acc allows withdrawing something like 4% annually (especially when markets go well). My new formula is simple: - 40% of total ETF portfolio go to Dist, 60% to Acc. - Dist funds life necessary life expense, while Acc funds lifestyle or expensive purchases. That's the best balance for me between simplicity and tax efficiency for FR #life