Is this a reasonable approach to invest for retirement?
Hello
I just want to get a few more opinions on my approach here.
I’m 27 and have a very good employer pension. The employer contributions are already being maxed.
However, I want to retire a lot earlier than pension age if I can. Hopefully in my early 50s. So, I am looking to have some income to bridge the gap between when I retire and when I can take my pension.
I have a couple of hundred £ spare each month to invest. I’m looking at investing about £200 monthly into the following through a Trading212 pie:
35%: Vanguard FTSE All World Accumulating 35% Vanguard FTSE All World Distributing 30% Vanguard Global Aggregate Bond Distributing
I feel like it’ll be much easier to take income from the distributing funds, although also putting some allocation into the accumulating ETF to save a small bit on fees while I’m still a long way off taking income from it (Edit: looks like the fees for distributing and accumulating are actually the exact same (0.22%) so maybe this doesn’t make any difference).
Does this look like a reasonable approach to people? I am grateful for all feedback on this!
TIA!