A Lotto win could transform your retirement, but the fact is if you buy 10 Powerball games every day, you can expect to win the jackpot just once every 7,552 years.

Many Australians however receive an inheritance from their parents or relatives. Often it's small, but if this windfall is invested it can make a really big difference to your life in retirement.

Depending on your age and stage of life, there are many ways to positively use a windfall. Some are:

• As a deposit on a house
• To reduce or pay off a mortgage
• To boost superannuation or retirement savings
• To boost retirement income
• To supplement existing income

Managing the receipt and investment of an inheritance to produce maximum benefit in your circumstances requires specialized knowledge and skills, which you'll find at Black Swan Event Financial Planning.

We urge you to contact us for specialist help with investing any inheritance, whether small or large.

For more information or for a no-obligation initial consultation, contact us.