Living off your investments is the ultimate goal of financial independence (FI) and the trickiest part to get right. This phase is known as decumulation and it’s the part of the journey I’m about to embark on. My objective is simple: Drawdown enough income so that Mrs Accumulator and I can live without needing to […]

What caught my eye this week. I sold a six-figure shareholding last week for a phenomenal capital gain – over 1,000%. For historical reasons the shares were held outside of an ISA. This means I’ve got a big capital gains tax bill coming, despite years of defusing. The sheer size and hence risk of this […]

With the tax deadline looming, it’s time to worry about capital gains tax on shares. Capital gains tax (CGT) falls due on investments you sell for a profit in any given tax year, unless: The asset is sheltered in your ISAs or pensions. Your gains are covered by your annual capital gains tax allowance. Your […]

What caught my eye this week. Perhaps if it was known as the Bengen rule, William Bengen would be more insufferable. But judging by his appearance on the Rational Reminder podcast this week, the inventor of the (in)famous 4% rule (of thumb) is a delightful human being. You’ll remember Bengen was the first to put […]

Time travel back a decade thanks to some comic mishap with Dr Who, and the idea of owning Bitcoin in your portfolio was for the birds. Or, more specifically, for geeks, drug dealers, and nihilists. Many things were different then, of course. No Brexit. No Covid-19. Insurrection just one man’s dream. No blood oxygen monitor […]