Equity Mates Investing Podcast Lump sums, inheritance and the mistakes that cost you with Dylan Pargiter-Green
8 snips
May 11, 2026 
Dylan Pargiter-Green, financial adviser and founder of Bold Wealth who specialises in intergenerational planning, joins to unpack sudden wealth. He explores common windfalls, why talking about money is hard, big mistakes like splurging or freezing up, first smart moves after money lands, tax and will pitfalls, and how to handle family inheritance conversations and gifting strategies.
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Windfalls Come From Many Sources
- Windfalls come from many sources beyond lotteries, including inheritances, separation payouts, bonuses and vested employee shares.
- Dylan highlights a $706,000 average Australian inheritance at age 55 and rising early inheritances shifting timing and impact.
Pause Before Spending Or Squirrelling
- Take a breath before acting and avoid immediate splurging or squirrelling the money in a low-interest account.
- Dylan cites research that 44% of people spend an inheritance within a year and warns many stash cash in everyday accounts with poor rates.
Split Windfalls Into Three Purpose Buckets
- Allocate the windfall into lifestyle/luxury, debt reduction, and investment rather than one single use.
- Example: use part for a family holiday or paying high‑interest debt, then assess mortgage vs reinvestment trade-offs.