Lump sum investment.

lucky7

Registered User
Messages
7
Hi, I hope to retire in a years time where I hope to have a lump sum of about €120K. I have no mortgage, loans and will have a pension of about €800 a week after tax. I am totally clueless on how to invest this lump sum! I want to invest this money so as to be able to leave some money to my children. I would appreciate any advice given. Thanks
Lucky.
 

Andrew365

Registered User
Messages
273
Congratulations on retirement in the near future! Do you want to split the 120k between your children or are you hoping to grow the money to give them a larger amount in the future? Would the children benefit of the money just being gifted to them once you receive rather than down the line?
 

Leper

Frequent Poster
Messages
978
More than likely, you're in your mid 60's and within one year you will be retired. Retired = ME TIME = Enjoy your money. You've earned it
 

lucky7

Registered User
Messages
7
Thanks guys but Id like to invest the money for a while and later on give some money to my children. Wondering where to invest or where to get advice. Thanks!
 
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