Receiving a lump sum
Questions you might have
What should I do with my redundancy pay?
This is entirely dependent on the size of your payment, your existing finances and your job situation.
Using cashflow modelling we will visualise your future and weigh up the best options for you and your family so you can feel confident going into the next chapter. It’s always best to consider what you will need in the future before we determine whether to gift the money, invest it, or place it in a savings account.
Should I pay off my debts or invest?
As a rule, we would consider paying off your debts first. However, as part of our long-term relationship, we will review your plan and help you invest any additional money.
We will get your finances in check and in a position where you feel financially secure. You don’t often get this opportunity, so make the most of it.
Do I need the help of a financial planner?
Expert financial advice can be invaluable when you receive a lump sum. Especially if you’ve never had this amount of money before.
We ensure you make the best decisions for you and your family and will be here for the long term, adjusting your plan when necessary.
Is it wise to put the lump sum into savings?
Before we decide whether to save or invest, we will learn more about your short- and long-term goals and your attitude to risk.
We will only do what you’re comfortable with and will never pressure you into making a decision. After all, it’s your money.
Should I give any of the money away?
It’s great that you are feeling generous; however, before we decide where your money will go, we must put your needs first.
It’s always best to pay off any debts before we determine whether to gift the money, invest it, or place it in a savings account.
How we'll help
This is entirely dependent on the size of your payment, your existing finances and your job situation.
Using cashflow modelling we will visualise your future and weigh up the best options for you and your family so you can feel confident going into the next chapter. It’s always best to consider what you will need in the future before we determine whether to gift the money, invest it, or place it in a savings account.
How we'll help
As a rule, we would consider paying off your debts first. However, as part of our long-term relationship, we will review your plan and help you invest any additional money.
We will get your finances in check and in a position where you feel financially secure. You don’t often get this opportunity, so make the most of it.
How we'll help
Expert financial advice can be invaluable when you receive a lump sum. Especially if you’ve never had this amount of money before.
We ensure you make the best decisions for you and your family and will be here for the long term, adjusting your plan when necessary.
How we'll help
Before we decide whether to save or invest, we will learn more about your short- and long-term goals and your attitude to risk.
We will only do what you’re comfortable with and will never pressure you into making a decision. After all, it’s your money.
How we'll help
It’s great that you are feeling generous; however, before we decide where your money will go, we must put your needs first.
It’s always best to pay off any debts before we determine whether to gift the money, invest it, or place it in a savings account.
The value of units can fall as well as rise, and you may not get back all of your original investment.
