Portfolio Clinic 

Build a solid core and add riskier investments later

Reader Portfolio

Richard, 43

Description

Pensions, Isa and trading account invested in shares and funds, cash

Objectives

Retire at 60 on £50,000 a year, save up a deposit to buy a home, support two children 

<p>Pensions,&nbsp;Isa and trading account invested in shares and funds, cash</p>

Richard is 43, divorced and earns £75,000 a year as an airline pilot. His salary should increase every year, so at age 50 he will earn around £95,000 a year and at 60 £120,000. His workplace pension currently has a value of about £45,000, and for every 6 per cent he pays in, his employer contributes almost 16 per cent. Richard has recently sold his house and is renting because he has relocated due to a job change. 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
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