- Felicity and George have already retired but need to continue growing their portfolio
- They want to put aside some money for potential care costs but are keen to continue helping their sons
- Is it too soon to reduce risk in their portfolio?
Reader Portfolio
Felicity and George
71 and 72
Description
Isas, cash, pension, and property
Objectives
Balance growth and income, as well as supporting children and saving for care costs
Portfolio type
Investing for goals
Once you’ve become a parent, decoupling your own financial needs from your children’s is difficult. In today’s economic environment, parental support often extends well into adulthood, with many parents helping their children out with house deposits, childcare costs and even school fees.