Before retiring, most people can take more risk because the money has years to recover. Afterwards, an income matters more than growth, and the portfolio usually moves down a level or two.
We review the level as your retirement date gets close
A monthly income paid from cash, topped up at each rebalancing
One statement for pensions and other savings together
Drawing an income from your savings
Most retired clients take a monthly payment. We keep about two years of payments in cash, so a fall in shares never forces a sale to pay you.
Monthly payments
Paid on the 1st
Cash kept for payments
About two years
Change the amount
Any time, with a month’s notice
Usual levels for retired clients
2 to 4
Facts (sample).
Start with an introductory meeting
An hour at our office or by video, free and without obligation. Bring a recent statement for any savings or pensions you would like to talk about.