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'Is £3.8mn enough to have a £100,000 yearly income?'

Portfolio Clinic: Our reader has substantial assets, but a cautious approach might mean there isn't enough to afford his lofty aims. Dave Baxter investigates
April 19, 2024
  • This reader and his wife have a blend of assets and hope for £100,000 a year in income
  • They wonder, in particular, how to put their substantial cash pile to work
Reader Portfolio
Simon 60
Description

Isas, pensions, cash, property, shares, classic cars, watches and jewellery

Objectives

Generate income and optimise portfolio

Portfolio type
Investing for income

There is great satisfaction in retiring at a relatively young age, having put away plenty of savings and investments. But hitting that life stage can also prompt questions about whether your portfolio is correctly positioned and, more importantly, doing what it needs to.

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