14th July 2025
Suddenly coming into a large sum of money raises an important question; what would you actually do with it? We recently asked people how they’d handle a financial windfall when it comes to retirement savings.
36% of respondents said they don’t have a specific retirement savings plan. A windfall might be the perfect opportunity to start planning, but the lack of a strategy could also mean the money goes elsewhere entirely, like with the 19% who would prefer to live in the moment and intentionally spend it on other expenses or luxuries.
Another 36% said they would invest the money, but not into a retirement fund. Not everyone sees retirement accounts as the best place for their money, and this group may prefer more flexible investments or prioritising short- to mid-term goals.
Only 9% said they’d increase their retirement savings. While they’re in the minority, their choice reflects a long-term mindset that can pay off significantly over time.
Whether you’d invest, spend, or save, a windfall can be a chance to reassess your financial goals and get more intentional about the future.
| Would you change your retirement savings strategy if you received a large windfall? | Results |
| I don’t have a specific retirement savings plan | 36% |
| I would invest in other ways but not in my retirement fund | 36% |
| No, I’d use it for other expenses or luxuries | 19% |
| Yes, I’d increase my retirement savings | 9% |
This month, we’re asking for your thoughts on financial education. Share your opinion here!