Join our community of smart investors

'Retirement is nearing, how can I generate £42,000 a year?'

Portfolio Clinic: This reader wants to optimise his portfolio and fund his retirement
December 8, 2023
  • This investor wants to retire in the next two years, but wonders if his portfolio is ready
  • Large single-stock positions raise a few eyebrows
Reader Portfolio
Stanley 58
Description

Pensions, Isas, property, Premium Bonds and cash

Objectives

Draw down or generate an income of £42,000 a year and target a 6% total return in a diversified manner

Portfolio type
Portfolio simplification

Investing for retirement is often a simple game: target growth, don't forget to diversify and hold your nerve amid the inevitable ups and downs of markets. The situation can get much more complex, however, as retirement draws closer.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in