The worst possible start

Colin is sixty five and retired last month with £520,000 in a pension, £130,000 in an ISA, £60,000 in an investment account and a house he owns outright. He takes £20,000 a year out of the pot, raised with inflation.

In the very month he stops working a systemic crisis takes hold and runs for three years: shares fall hard, the base rate is cut so his savings earn almost nothing, and house prices go backwards too.

Nothing here reacts to any of it, no spending cut and no pause in the withdrawal.

Appreciating Asset Passive Income Tax Efficient Capital Gains Retirement Planning Home Ownership

ISA

Investments

Savings Account

Property

Expenses

Colin, sixty five to ninety two

4 Goals · 1 What-If

Twenty thousand pounds a year out of the pension, raised with inflation, into a crisis that starts the month he stops working and runs for three years.

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