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'I'd rather lose out than lose money – how do I invest for a £60,000 income?'

Portfolio Clinic: A reader needs his assets to generate a £60,000 income as retirement nears
September 8, 2023
  • With ambitions of travel, this investor wants to reduce his number of working days before retiring fully
  • He has a few years to wait until the state pension kicks in, meaning his assets need to generate some income
  • With his low appetite for risk in mind, is this achievable?
Reader Portfolio
Steve 61
Description

£750,000 property and £1.1mn across Sipps, Isas, bank accounts and other assets

Objectives

Fund retirement in the years before the state pension kicks in

Portfolio type
Investing for income

Going into retirement is a good opportunity to do all the things you never had time for before – be it seeing the world or fully embracing a hobby. But such laudable ambitions can be expensive.

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