I actually find an all-in equity approach to retirement quite charming. Provided your father's pension is high enough to cover his living expenses, regardless of the distributions. And he has to be able to cope with price fluctuations and possible double-digit percentage falls. He has not yet had this experience.
And yes, if he wants to go down this path, $FGEQ is a sensible thing to do.
And yes, if he wants to go down this path, $FGEQ is a sensible thing to do.
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@randomdude Unfortunately, the pension will probably just be enough to cover everything.
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@pinguin- If your pension is just enough to cover everything, then you should be very careful with the money you have saved so far. 200k is not a small amount....... And if you have little or no stock market experience, you should be even more careful. So my recommendation would be: 10%-15% gold, 10% $QYLE and 80% in a money market ETF.
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If you're on a tight pension, I would focus on dividends (60%), but also invest a portion in a growing ETF (40%) (MSCI World or S&P500). Your father also wants to get something out of it and not just increase your inheritance 😀
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