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Douglas, 53

Description

Sipps, trading account, Isas and pension invested in funds and shares, cash, shares in employer, residential property

Objectives

Grow Sipp to £500,000 and my ife's investments to £400,000 to be able to retire in six to eight years, and save for our children

<p>Sipps, trading account,&nbsp;Isas and pension invested in funds and shares, cash,&nbsp;shares in employer, residential property</p>

Douglas is age 53 and typically earns £115,000 a year and his wife, who is self-employed, earns about £80,000. Their salaries can be even higher due to bonuses and profit shares, and they are higher-rate taxpayers. Their home is worth about £400,000 and mortgage free. They budget carefully, and always save up for holidays and large purchases such as cars. They have two children at primary school.

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