Alaric wrote:Fenix wrote:
Am I missing anything obvious ?
I don't think so. If you are only expecting the redundancy lump sum to last a couple of years, you presumably invest it with caution.
On the specific point about potentially 'investing' the redundancy lump sum, if it's 'expected to last a couple of years', until access to an employee pension is available, then it sounds like it might actually *have* to last that couple of years, and so on that basis I'm wondering if any form of 'active investment' with that capital would be the best approach?
Given the clear sequence of returns risk over such a short period of time, then maybe a relatively 'known enemy' of low inflation might be a price worth paying for removing any potential market-risk that might severely affect the ability of the capital to last it's required two-year lifetime, and perhaps something like Premium Bonds or a similar low-risk home might be more appropriate on a two-year time-scale than exposing the lump sum money to the vagaries of the market...
Best wishes Fenix.
Cheers,
Itsallaguess