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‘How do I turn my £1.7mn inheritance into an income?’

Portfolio Clinic: Our reader has received a hefty legacy and wants to use it to cut back on work and spend time with his young family. Taha Lokhandwala looks at the options
‘How do I turn my £1.7mn inheritance into an income?’Published on January 10, 2025
  • An inheritance has left our reader with a sizeable portfolio
  • But his own and the inherited portfolios clash and are different styles
  • Can he reshape the investments so he can work less in five years?
Reader Portfolio
Abraham 30
Description

Isa, GIA, property

Objectives
  • Reshape portfolio so it can provide an income in five years
  • Save and invest for his children
Portfolio type
Investing for income

Life-changing inheritances can be bittersweet. They can transform plans and help settle generations for the future, but often at great emotional cost. Abraham is going through just this scenario. Having inherited significant property wealth and an investment portfolio, he now wants to turn this into a viable income and spend more time with his family.

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