Given current longevity trends it is not unusual for people to live to 95 this means that they can spend up to 30 years living off the capital they spent 40 or so years generating. For many investors, the wealth preservation phase is likely to be longer term than they had planned for. It's important therefore that investors do not derisk their portfolios too early and reduce their potential returns as they could face financial shortfalls in their later years.
Read the full article written by Grant Alexander (Director of Private Client Holdings) on the importance of understanding wealth generation and preservation [here]
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