Retirement is a time of life that many British expats look forward to; with aspirations of relaxation, an outstanding quality of life, and a secure asset base to provide the quality of living you expect.
The key to reaching that aspiration is in the planning.
The Chase Buchanan Retirement Planning Guide is a complimentary resource, that will help you understand the importance of retirement planning – and why the time to start is now.
One of the most essential elements is knowing in advance what your aspirations are and what you have planned in terms of your desired lifestyle and location. Everybody is unique, and your retirement plans will depend on multiple factors:
- When you plan to retire, and where you intend to live.
- What expenditure you need to budget for during your retirement.
- Any other costs or outgoings you anticipate needing to provide for in that time.
- What you wish to do during your retirement, and planning for those costs.
- Whether you need a safety net or safeguard in place to protect against unforeseen circumstances.
- How your retirement plans link in with your succession planning strategy.
- Whether you own or wish to buy, property, and in which country.
These questions are just a few of the many considerations required to form a comprehensive retirement plan. With that in mind, seek professional, experienced retirement planning advice to steer you through the process.
As a UK national overseas, advance planning becomes even more important. There are many different tax efficiencies to consider, pension taxes to budget for, and investment rules that will impact the best retirement plan for you.
Download our FREE Retirement Planning Guide today for more information about how to budget effectively, and which questions you should consider when planning for your dream retirement.
Of course, retirement planning isn’t just about selecting investment products or pension funds that will sustain the activities you hope to be enjoying.
It is a complex area of financial advice where we will look at the pension products you own, and how your country of residence might treat that income from a taxation perspective.
Planning should always start as early as possible – even if you are many years away from your planned retirement date. The longer investments have to mature and accumulate growth, the stronger your retirement fund portfolio, and the more flexibility you have.
Chase Buchanan offers comprehensive retirement planning services, including a retirement review where we work with you to gain a thorough understanding of what products you currently own, where we can make them work harder for you, and what retirement strategy is required to align optimally with your plans.
Our team created the Retirement Planning Guide to help highlight some of the key considerations – such as what type of pension products you hold, and how the income from those funds is likely to dictate your retirement circumstances.
About Chase Buchanan
By acting now, you have the opportunity to sculpt your retirement strategy in the most advantageous way. And, as a UK national living overseas, the advent of Britain’s departure from the EU might mean that time is of the essence.
The Chase Buchanan wealth management teams are based in offices throughout Europe, as well as in the US, Isle of Man, Canada, and our UK Administration Centre.
We deliver structured, transparent advice about how your retirement plans are best catered for, with clear oversight of tax legislation and cross-border pension fund rules that will impact the ideal way to plan for your retirement.
Download your complimentary Guide today, and contact the Chase Buchanan expert teams to start work on planning for your ideal retirement, with the support of an adviser with years of experience in navigating the retirement financial planning framework.
Trusted advice made simple
With a unique blend of geography, cultures, and an outstanding quality of living, Belgium remains one of the most appealing destinations for families, professionals, and retirees alike.
Cyprus is a multi-faceted country, offering one of the finest climates in the Mediterranean as well as multiple employment opportunities, a safe and relaxed culture popular with families, and a peaceful way of life for retirees.
France remains one of the most popular countries of choice, with UK nationals seeking to relocate or retire abroad.
Portugal offers many benefits to UK citizens looking for a new life experience, employment opportunities, warmer retirement climes or a new culture to enjoy.
As more UK nationals look overseas for lucrative work opportunities and a relaxed retirement, Spain remains one of the most popular destinations. The scenery, climate, and pace of life are all compelling reasons to relocate.
Hundreds of thousands of British nationals enjoy life overseas, and it is essential to understand how your residency status will affect your tax liabilities over the long term.
From January 2021, the UK became an independent nation and is no longer part of the EU. British nationals living in France continue to cope with concerns amid much uncertainty about what the future will hold, with prospective expats unclear about what may have changed.
While the UK has not been part of the EU since early 2021, many expats still feel a great deal of uncertainty about whether the prospect of relocating abroad remains viable and how their residency or tax position may change in the future.
For the millions of UK nationals living, working and studying in Spain, the UK’s departure from the EU in early 2021 gave rise to uncertainty and concern about how their position may change in terms of residency, taxation, and the right to relocate.
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