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.
u/No_Paleontologist133 — 14 hours ago