Saturday, August 14, 2010

Retiring at fifty, you must be mad!

A roadmap.

To retire at fifty requires an income for the remainder of your life.

Income can be provided by one, or a combination of, the four main asset classes, or other asset classes not under these brackets.

So, to amass the requisite portfolio, it requires an intelligently (and perhaps fortuitously) acquired set of investments at age fifty.

The four main asset classes are equities, property, fixed interest and cash. To supplement these are the non-standard asset classes – hedge funds, private equity, art, antiques, commodities, the lotto, venture capital, or organic businesses (there may be more of these).

I will consider these in turn.

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