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Kirk Rice Blog

Retirement Income – Is My Target Realistic And Possible?Written on July 8, 2020 by Kirk Rice LLP

To generate a net income of £12,000pa from capital of £320,000 will require a net return of 3.75%pa. If you pay income tax at 20% on all of that, it means you need a real return of 4.69%pa. Is this realistic? No. Is it possible? Yes Before the financial crisis in 2008/09, you might have […]

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