Sylvie is 40 and works part-time because she is raising a family. Her husband earns around £300,000 a year. Their home is worth about £1.4m and has a £300,000 mortgage, which should be paid off in the next 10 years. They also own a holiday home worth about £400,000.
Sipp and Isa invested in funds and shares, residential property, cash
Retire in 15 to 20 years, buy home for children, average annual growth of 10% a year, better diversify portfolio
“I hope to retire in 15 to 20 years,” says Sylvie. "At that point we will sell our main home, and spend half of the proceeds on a home for our children and add the other half to our retirement savings. We will live in our holiday home.