Bridging for 14 years

JohnWinder

Who knows? I don't even know what I'd do, and I know me better than you.

The assured way of doing it is a non-rolling ladder of linkers. This guarantees you an inflation protected income; you never have to give a moment's thought during the next 14 years as to whether it will provide for you. Trouble is, the cost is minus 1.5%/year, approximately at the moment. https://www.bankofengland.co.uk/statistics/yield-curves.

So put about £420k into it (to give £385), and the other £280k can be any assets you want for the next 14 plus however long you live years.

I'm going to make a wild guess that your 25% bonds are mostly nominal bonds (harmed by unexpected inflation, as is cash at 10%). A nervous Nelly might not want to rely on equities for inflation protection over a shortish period <10 years. It's as much about how well you can hold your nerve when 65/25/10 turns ugly for a few years. With the good reserve you have, capitulation would be bordering on the criminal.