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Father retired

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Grz.26
Grz.26 Posts: 317 Forumite
in Pensions, annuities & retirement planning
Hi All,

Wondered if any could help me.

He has recently retired and has received 100k + lump sum, and was wondering what the hell to do with it..

any ideas?

regards.

Richard

Comments

  • Hungerdunger
    Hungerdunger Posts: 964 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Your question will probably get more answers in the "Savings and Investment" forum.

    You will probably need to be more specific - for instance, is this is his only capital? What is his attitude to risk? Will he need to access any of this money in the next 5 - 10 years?
    "The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens
  • dunstonh
    dunstonh Posts: 119,624 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    That brief is far to open. You have tens of thousands of options available potentially.

    What is he looking for from the money; income, growth, spend it. How long does it need it, what is his risk profile, what is his taxation etc etc.

    Short of listing 50,000 or so options, there is no way we can help. Has your father discussed what he wants to acheive with you and do you know his personal circumstances in enough detail to do research for him?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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