u/No_Paleontologist133

Recieved a lump sum at 24, what should I do with it.

Hi all, I recently recieved an inheritance of about ~30k. I'm currently 24 years old, making ~41k gross. Currently have about 4.5k invested, No large debts. My current plan is to:

  • 12k - investment portofolio (Going to alter portofolio to avoid deemed disposal)
  • ~5k - AVC to pension for tax credit limit.
  • ~5k - Laser eye surgery in the next year or two.
  • 4k - in an emergency fund.
  • 4k - fun/lifestyle spending.

Does this seem reasonable? Am I forgetting anything? I had thought about prepping for a mortgage down payment but I have plans to emigrate for a few years. Could be worth setting aside some money for when I move.

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u/No_Paleontologist133 — 14 hours ago