Goal Married

Add your signposting title here… Investing to pay for a wedding

Great, you’re looking to invest to pay for a wedding. If this is your own wedding – congratulations – or you may be helping someone save for their special day. 

Investing could help you reach your goal, if you’re organised and planning for the medium to long term. If the wedding is planned within the next five years, investing may not be the right option for you. Our savings accounts may be a better short term option for your money. 

It’s important that you take a few moments to make sure that investing is a good way for you to set about achieving this goal. You need to be comfortable with some key points when making the decision to invest.

  • Cash savings accounts could be a consideration for shorter term goals as they’re generally considered safe. The money you put in is protected (subject to FSCS limits, found on the FSCS website) and you’re usually paid interest on the money you save. But if you’re thinking of leaving money in a savings account for a long time, you should be aware that in recent years interest rates have often fallen below the rate of inflation, meaning the buying power of your money is reduced.
  • You should be prepared to invest your money for at least five years in order to achieve your goal. Investments are designed to produce returns over the medium to longer term and therefore the longer you’re able to leave your money invested, the more time it has to recover from any dips in its value.  
  • The precise value of your investment at any point in the future will always be uncertain. If the target you have in mind means that you’ll need an exact amount on a specific date in the future, investing may not be the right option for you.
  • There may be other financial priorities that you should tackle before investing. If you’re paying high rates of interest on unsecured debts for example, you may wish to consider paying them off first. And it’s always a good idea to put away some money in an instant-access savings account, to keep you going for a few months if there’s an unexpected emergency.
  • The value of investments can go down as well as up so it’s important to have a realistic prospect of reaching your goal. Whether you’re planning to invest a lump sum, a regular monthly amount, or both, our investment return tool can help show you the potential value of your investment in the future. These returns are just estimates, so it’s worth doing the research now to see if investing could get you where you want to be. 
  • Investing in one of the Personal Portfolio Funds available on NatWest Invest carries an element of risk. This means that even if you choose the most cautious of funds, it can still go down in value.

NatWest Invest is not an advisory service. We’ll provide you with tools and information to help you explore your options and make informed choices for yourself – the responsibility for any investment choices you make is yours. You won’t be able to claim compensation afterwards if you think your decision wasn’t the right one.
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