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Mistermeaner

Hi All

Thanks for all advice etc. on here which has been really useful. On the back of this I've tidied up my various inpots of cash (as modest as they are for now) and have distributed my savings / investments thus - would appreciate if you wise people could have a quick look and let me know if I've done anything ridiculous:


CASH ISA

Nationwide
Current balance £2000K
Paying in £100/month

(I know I know I just cant be arsed with multiple current accounts and am looking to build this pot over the long term)


S&S ISA

Platform - Charles Stanley
Funds: - 100% invested in Vanguard Lifestyle Acc 60%
Balance: £2K
Paying in £300/month (may increase this)


PENSION

Provided through work with Zurich (somewhat limited fund choice)

Total pot £60K
Paying in £800/month

Invested as follows (same proportions apply to both current pot and regular payments):

Aquila World ex UK equity index ZP : 60%
UK Equity 2EP : 20%
Russell emerging markets equity ZP : 20%


Does this look roughly sensible?

Im 34; when do you think I'll be able to retire?

ruinen

ggb1979 wrote: »

Hi All

Thanks for all advice etc. on here which has been really useful. On the back of this I've tidied up my various inpots of cash (as modest as they are for now) and have distributed my savings / investments thus - would appreciate if you wise people could have a quick look and let me know if I've done anything ridiculous:


CASH ISA

Nationwide
Current balance £2000K
Paying in £100/month

(I know I know I just cant be arsed with multiple current accounts and am looking to build this pot over the long term)


S&S ISA

Platform - Charles Stanley
Funds: - 100% invested in Vanguard Lifestyle Acc 60%
Balance: £2K
Paying in £300/month (may increase this)


PENSION

Provided through work with Zurich (somewhat limited fund choice)

Total pot £60K
Paying in £800/month

Invested as follows (same proportions apply to both current pot and regular payments):

Aquila World ex UK equity index ZP : 60%
UK Equity 2EP : 20%
Russell emerging markets equity ZP : 20%


Does this look roughly sensible?

Im 34; when do you think I'll be able to retire?

At 34, if you are not going to touch the investment for a long time, then you may want to consider the more agressive 80% or 100% VLS and then switch to the more conservative 60% as you get closer to retirement, when you want to start reducing risk and volatility.

I didn't read through all your posts, but do you have a decent size emergency fund in easily accessible cash? If so, then in general your plan seems sensible.

Eco_Miser

If you really do have two million (£2000K) in your cash ISA , move most of it to S&S ISA; otherwise if it's just two thousand, a pair of TSB Classic accounts is all you'll need for the next 20 months for about double the interest..

Mistermeaner

Unfortunately my ISA has only £2K in it (for now)

Out of interest how credence do you knowledgeable people give the 'crown rating' thing when looking at funds; in choosing the ones I have I gave that alot of weight (alongside charges), and all my pension funds are 5 crown rated.

The vanguard 60 is only 4, but selected on the basis of wisdom imparted here