Managing Your Money 

Hold trackers as a core and add commercial property

Reader Portfolio

Anonymous, 61


Sipp and Isa portfolios


Retirement income

Our reader, who wishes to remain anonymous is 61 and has been investing for 20 years.

He says: "As my wife and I have built up the investments, I have looked carefully at each individual purchase but maybe not given enough thought to the development and balance of the overall portfolio. It has a leaning towards UK equities with overlaps between different funds and I have tried to obtain some geographical diversity. My general approach is to buy and hold long term.

"I work full time and am also in receipt of a pension of about £17,000. I am considering retirement in the next 12 to 18 months and for that reason am moving towards income generating investments.

"On retiring I intend to take 25 per cent from the Sipp fund and draw down from the remainder. Overall we would like to achieve an annual income from the investments of about £12,000.

"I have been happy to take on higher risk investments with the prospect of capital growth but looking at the immediate future, I think I need to adopt a more cautious approach towards preserving capital value and producing income."

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now