- These investors want the option of being able to draw up to £50,000 per year from their investments
- They have a high weighting to cash, which offers very poor returns, but should potentially lose less than bonds or gold
- Shifting their portfolio in the hope of avoiding losses or netting gains could detract from its long-term performance
Reader Portfolio
Catherine and her husband
62 and 63
Description
Pensions invested in funds, cash, residential property.
Objectives
Option of taking up to £50,000 a year from investments, simplify investments by reducing number of holdings.
Portfolio type
Portfolio simplification
Catherine and her husband are ages 62 and 63, and her husband earns about £92,000 per year. Their children are financially independent, and their home is worth about £980,000 and mortgage free.