Jeff and Claire are 43 and 41, and have three children aged four, seven and nine. Between them they earn £130,000 a year before tax, which covers all their bills. Their home is worth about £750,000 and mortgage-free.
Reader Portfolio
Jeff and Claire
43 and 41
Description
Isas and pensions invested in funds and shares, VCTs, cash, residential property
Objectives
Retirement income of £30,000 each per year, help children buy homes in about 25 years, 5 per cent a year total return from investments for next 20 years.
Portfolio type
Investing for goals
“We would like to retire on an income of about £30,000 each per year,” says Jeff. “So we would like our investments to make a total return of 5 per cent a year for the next 20 years. We would also like to help our children buy homes in about 25 years’ time.