P
pig-squeezer
Guest
I've €150k available through a top-up mortgage which I want to invest to give me an income later in life.
I need to decide how to invest. I'm no expert and I'm in need of information on all options, so I'm now seeking advice.
This is a novice question - how and where should I seek financial advice so I can weigh up all options and make an informed choice?
Thanks - any advice would be gratefully received.
I need to decide how to invest. I'm no expert and I'm in need of information on all options, so I'm now seeking advice.
- At 41, I'm past the half-way mark to retirement. This has come as a surprise..
- At retirement my pension gives me €6,000k a year so I need to be thinking now about improving this situation if possible.
- My house has doubled in value since I bought it so I want to explore the option of borrowing against this, to make an investment which will give me an income later in life.
- I can raise €150,000 in equity, as a top-up mortgage. I have all the forms signed. The banks can release this money tomorrow.
- I need to have invested this within two months, and after this the offer expires and I wont be in a situation to raise a top-up mortgage for some time, say two or three years, because of career changes.
- Aside from this I've no savings, I've no kids, I'll never be a high earner, because of the sector I work in, so this next move seems really important to me, to ensure some kind of quality of life when I retire.
This is a novice question - how and where should I seek financial advice so I can weigh up all options and make an informed choice?
Thanks - any advice would be gratefully received.