Anti-Aliasing tanks the game's framerate as SMAA is too expensive (and unnecessary). Set this to OFF. Post-process anti-aliasing is fine. Choose FXAA or SMAA 1x. Both seem to perform the same and I cannot tell a visual difference on the deck's screen. 

Full settings for 60 FPS: 
Anisotropic Filtering - 4x
Water Shader - High
Shadows - Medium (1025 x 1024)
Character Self-Shadowing - ON
Anti-Aliasing - OFF
Post-Process Ant-Aliasing - FXAA or SMAA 1x, personal preference 
Ambient Occlusion - Full Resolution
Depth of Field - Off (Can turn on if you like but I don't care for how it looks)
Glare - On (preference)
Soft Particles - On