[Tengocity]

Originally Posted by Brigand

I would look at 5 year plans.

What you plan for in, 5, 10, 15 years etc.

Spread the money over a few different things.

Also does your pension scheme allow external top ups?

However, as mentioned look at paying of any existing debts if required.

Then there is of course kids and schooling, another huge cash outlay decision / opportunity.

It's longer term thinking that's driving this to be honest- we have a lifestyle we are happy with, and with my wife being 3 years older than me I would like to be able to retire early!
So I already have an AVC which I increase each year when I get a pay rise. But with lifetime allowances now in place on pension pots before 55% tax rate kicks in I'm tracking at about the right rate for pensions, hence my looking elsewhere.