Making the most of the New Transfer Balance Cap

I have about $2.2M in super and just turned 60 (and no longer working). I'm trying to work out if it is worth waiting for the new Transfer Balance Cap in July 2026. How long would it take to recoup the loss of 5 months of tax free earnings in pension mode while waiting for the cap to increase by $100K to $2.1M ? I've come up with 8.3 years, based on a return of 5% waiting 5 months would cost $2m balance x 5% return x 5/12 x 15% tax = $6250 in tax The extra $100k in tax free pension would save $750 tax per year ( $100k x 5% return x 15% tax) So $6250/$750 = 8.3330years. I think this works regardless of return assuming the rate remains the same. There's probably an easier formula but does this add up ?