Portfolio Clinic 

Correct market timing is difficult so drip-feed cash into investments

Reader Portfolio

Simon, 54

Description

Sipp invested in funds and cash, Isas invested in direct shareholdings and cash, property

Objectives

Buy larger home, partially retire at 60 years, fully retire between 65 and 67 and draw £25,000 a year from investments, grow Sipp to £500,000 and grow cash savings to £100,000 in six years

<p>Sipp invested in funds and cash, Isas invested in direct shareholdings and cash, property</p>

Simon is a 54-year-old freelance IT consultant who earns £50,000 a year. His wife is 49 and earns £55,000 a year as an administration manager at a public sector institution, where she has worked for 30 years. Their home is worth £300,000 and has an outstanding mortgage of £40,000.

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