Chapters
Chapters
Chapter 11
When life and goals change
What funds the plan when income falls or investments pay the bills? Follow the remaining capital and write a revised funding calendar without assigning the same cash twice.
Next lessonWhen your circumstances change
—All materials read
- When your circumstances changeSee why a working contribution can exceed the money left after bills. Then check how dependants, access and new deadlines change the plan.Read
When savings must start paying a goal, the date of each withdrawal changes what remains invested.
- Approaching your goal and the first withdrawalsFollow two return sequences with the same spending. Find the capital that reaches year two, then check access for the first payment.Read
For living costs, distinguish cash raised inside the portfolio from spending outside it, then revise the calendar for a changed budget.
- Living on money from your portfolioTrace money into spending, then compare two revised funding calendars after income and holdings fall.Read
The final practice brings these decisions together in a written plan: what the money must fund, how you will invest it and which changes call for another review.
Final practice: Put your investment plan together