With the level of interest you earn falling on cash savings accounts with bank and building societies by about 75% you might be facing the prospect of not enough income to meet you expenditure.  Of course, you could cut back on what you spend or even start using some of the capital but how long are you prepared to do this for?

In the world of investments, the more you want and the quicker you want it the more riskier the scheme tends to be.  We are not talking about 100% return/100% loss on the spin of a roulette wheel though.

By careful analysis of your income requirements and the level of risk you would be comfortable with (non, minimal, minimal to low, low, low to medium, medium etc.)  We can carefully advise you on both the most suitable style of investments scheme (ISA, Bond, OEIC, Unit Trust) and the most suitable underlying asset classes (Gilts, Fixed Interest, Corporate Bond, Equities etc.)

We have many years of experience in the area of investing for income and a number of satisfied clients.  If you would like to discuss you requirements with us then please contact us for a free initial consultation.