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'How do I get £45,000 a year from my investments?'

Portfolio Clinic: After a frugal start to retirement, our reader has inherited a lump sum and wants to invest it for a healthier income
'How do I get £45,000 a year from my investments?'Published on September 20, 2024
  • Our reader has a lot of cash to invest so he can start enjoying his retirement
  • He's worried about what investments to buy and how to best manage his tax affairs
  • He has enjoyed owning investment trusts and wonders if it's time to look further afield
Reader Portfolio
John 67
Description

Isa, pension, general investment account, cash

Objectives

Invest inherited cash to fund his retirement

Portfolio type
Investing for income

How you deal with surprises can sometimes dictate how well you feel, both financially and mentally, when it gets to later life. Divorce, being forced into retirement and losing a loved one can all upend your plans and expectations. John has had to deal with all this and has, thanks to his own perseverance and some help along the way, managed to come out on top.

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