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Windfall to invest
Tico_2
Posts: 1 Newbie
Hi - New to this site.
I have an financial advisor but i am curious to find out what feedback
anybody may have.
I have come into an inheritance which I expect to be around £2million.
I am about 10 years off official UK retirement age and have little or no debt. I am interested to know if the sum is invested wisely what return could I expect gross and nett.
I am also learning about compound interest which is important as regards inflation eroding the capital sum.
Thanks
Tico
I have an financial advisor but i am curious to find out what feedback
anybody may have.
I have come into an inheritance which I expect to be around £2million.
I am about 10 years off official UK retirement age and have little or no debt. I am interested to know if the sum is invested wisely what return could I expect gross and nett.
I am also learning about compound interest which is important as regards inflation eroding the capital sum.
Thanks
Tico
0
Comments
-
Why would someone look for crucial investment advice on an open forum for this amount of cash?
Strange!0 -
I think most expect around 7-9% return before admin costs (so AMC and fees). This is depending on the area you invest in and obviously noone has a crystal ball....
It will also depend whether you take income or not.
Have you thought about retiring early?0 -
if you are concerned about preserving the value of the windfall in real terms then think about 1 or 2% return0
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