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Variation on the Bucket Strategy

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IamWood Posts: 438 Forumite

12 September 2024 at 12:54PM edited 12 September 2024 at 12:55PM

Bostonerimus1 said:

IamWood said:

FIREDreamer said:

With a £1.5 million portfolio and £42,000 needed (£50,000 gross) per annum I would go 100% global equities to be honest - perhaps 33.33% VWRL, 33.33% FTWG and 33.33% HMWO to spread provider risk.

For simplicity, it's similar to what I did with mine (global index excluding UK), but my pension is only around £1 million. I have rental income to mitigate when the market is against me.

Rental income is great, but it locks up a lot of capital and for income it is most useful without a mortgage; so adding a rental property to a retirement income portfolio is best done long before retirement.

This was my family’s former home, and it holds countless memories of my time with my children. While I know it’s important not to get too attached to a property, its location in a university town is excellent.

I’ve decided to keep it, either for myself if I decide to return when I retire or for one of my children. The mortgage was paid off many years ago, so there’s no financial burden.

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Variation on the Bucket Strategy

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