Looking for some advice
Discussion
Hi all
I'm looking for some advice re an £85k inheritance windfall for a relative and how best to invest.
Scenario: Pensioner, 100% homeowner, only other income is state pension and carers allowance.
Investment horizon perhaps 15 years, would need to be used to provide top up income so therefore needs to partially be accessible.
Current thoughts are 15K cash in locked away ISA and then a mix of savings account and low-ish risk Vanguard income portfolio, say 40% equities.
Any thoughts greatly received.
I'm looking for some advice re an £85k inheritance windfall for a relative and how best to invest.
Scenario: Pensioner, 100% homeowner, only other income is state pension and carers allowance.
Investment horizon perhaps 15 years, would need to be used to provide top up income so therefore needs to partially be accessible.
Current thoughts are 15K cash in locked away ISA and then a mix of savings account and low-ish risk Vanguard income portfolio, say 40% equities.
Any thoughts greatly received.
Gassing Station | Finance | Top of Page | What's New | My Stuff