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Post Info TOPIC: I am approaching retirement


Newbie

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I am approaching retirement
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What types of investment should I have if I aim to retire later this year?

Thanks



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Billy

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Generally speaking, the close you are to your retirement date, the less risk you should be taking.

This means investing in more less volatile things such as gilt and bonds

However, now most people are not buying annuities but remining invested in pension drawdown there is case for remaining in equities

This is more complicated than you think and I encourage people to work back - that is decide what you will doing at retirment age and then arrange a suitable investment strategy.

I have written about this is my guide Retirement is a journey (adviser version)



-- Edited by William Burrows on Monday 15th of February 2021 09:42:29 AM

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