Join our community of smart investors

Should I increase my fixed-interest weighting?

A reader has concerns about areas of under and over exposure in his portfolio
Should I increase my fixed-interest weighting?

Charles is 56 and earns £75,000 a year. His home is worth about £600,000 and has a mortgage of about £60,000, which he hopes to pay off by the time he retires.

Reader Portfolio
Charles 56
Description

Sipp and Isa invested in funds, cash, residential property.

Objectives

Retire at age 60, income of £40,000 a year in retirement, limit tax liability, diversify and reduce risk of investments

Portfolio type
Managing tax

"I plan to retire at 60 and then travel for a few years in comfort,” says Charles. “So I would like an income in retirement of about £40,000 a year.

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in