- This investor wants to grow his assets to help buy a larger home and cover the costs of a family
- Retire by age 60
- Wants to know the best asset allocation to help him do this
Reader Portfolio
George
29
Description
Isa, Sipp and Lisa invested in funds, and direct equity and bond holdings; cash; residential property
Objectives
Start a family in 5-10 years, buy a larger home, cover children's university costs and help them buy homes, retire by 60 on income of £40,000 a year
Portfolio type
Investing for goals
George is 29, has worked in the NHS for four years and earns £36,000 a year. His home is worth about £290,000 and has a mortgage of £87,000 and a Help to Buy loan of £40,000. He also owes more than £30,000 in student debt, on which he pays 7.1 per cent interest.