Ask Melanie: Retirement investments

My wife and I will retire in a couple of years and will live off investments worth about HK$10 million.

We aim to replace our salaries with dividends from blue chip stocks (30 per cent), rent from property (30 per cent) and interest from four A-rated bonds in different currencies (30 per cent). We also own gold (4 per cent), have an MPF (3 per cent) and a pension (3 per cent).

We own our home and have no debt. We want to generate cash income of HK$400,000 per year. Is this a realistic target and how might we improve our returns? (Name withheld)

via Business feed http://www.scmp.com/business/money/expert-qa/article/1059612/ask-melanie-retirement-investments