If you’re planning on retiring abroad, ensuring you have a secure retirement income has to be one of your top priorities.
Planning your retirement income
You may be in a situation where nearly all of your retirement income will come from one primary source such as a private pension, or like many today you will have a mix of income sources for your retirement.
Regardless of how you make up your retirement income, it’s crucial to make sure that you’ve looked at your options and established your retirement income to give peace of mind and financial security for your retirement abroad.
The pros and cons of an expat pension
Understanding the pros and cons of pension and retirement income solutions as an expat can be complex.
You’re possibly already aware that there are potential upsides of establishing an expatriate pension, however, there are also potential pitfalls that you’ll want to avoid.
Before you make any decisions or enter into any long term financial contracts you need to understand all of your options and the pros and cons of the different solutions available.
Specialist expatriate advice
Since 2008 we’ve recommended the services of an exceptional expatriate advisory, Abbey Wealth.
As a specialist in expatriate financial advice, Abbey Wealth provides a valuable free service that helps you to understand your options and which ones will work best for your retirement needs.
Abbey Wealth will run through the pluses and minuses of having a pension abroad and explain what you need to do to stay on the positive side. They’ll provide helpful advice about the things you can do to maximise your retirement income while minimising the taxes you have to pay.
Abbey’s goal is to ensure you’re fully informed before you make any long term commitments. The vast majority of Abbey’s clients stay with them for many years, that only happens because of the care they take from the very start. Your no-obligation review gives you the valuable upfront knowledge you need before making any long term financial commitments.
If you would like to take advantage of a free Abbey Wealth pension review you can find out more by following the link below which will take you to their information page.