In the second of our 3-part video series, financial planner Justin King APFS, CFP goes into more depth about his typical conversation with clients on sustainable withdrawal from their retirement portfolio.
In this example, 58-yr old Linda is considering using the services of a direct-to-consumer platform to draw an income of £17,000 from her £389,000 portfolio. Justin uses the Timelineapp to assess the sustainability of this approach.
Justin often asks all his clients an important question; when are they going to die? They often don't know. Then he tells them that this isn't a service his firm offers, yet. But of course, there are one-way flights from Bournemouth to Geneva!