Prepare For Your Desired Future
More specific than a Lifestyle Financial Plan is a Retirement Plan, which will cover your retirement income goals and what you will need to do to achieve these goals.
It helps you to plan and manage both your long-term as well as short-term finances, in order to reach financial independence.
A Retirement Plan will assess your financial options and readiness-to-retire, provided a desired retirement age and a certain lifestyle. With other words: will you have enough money to retire, when and how you now picture for yourself?
The Retirement Plan identifies which plans you have already set in place (social security, company pension plans, other retirement and/or life insurance plans) and the required actions that will assist you in improving your readiness-to-retire.
Times are changing rapidly, as is the global economy. Especially when you are – or have been – an expat, it is important to identify your financial resources and retirement funds, as they might be scattered all over the globe, in all the different countries you once were or will be stationed during your professional life.
Start acquiring the financial planning knowledge you need to prepare for your retirement, regardless of your age. You probably think you’re too young when you haven’t even reached your thirties but take it from us: the earlier you start, the better. Retirement preparation is crucial, regardless of your age. Talk to a financial advisor, discuss your wishes, set up a – or get a second opinion on your current – retirement plan, and reevaluate it regularly.
Our financial education seminars will help you get started with retirement planning and will provide you with information that will assist you in making well-informed financial decisions.
Want to discuss your retirement planning options with an independent financial advisor from the Beacon Preferred Partner Network? Contact us to set up a free financial consultation.
Read our articles about retirement and pension planning:
- The Do’s and Don’ts of Expatriate Pensions
- 3 Aspects of Foreign Pensions Expatriates Should Know
- Is it Wise to Trade Your U.S. Pension for a Lump Sum
- Cross-Border Retirement Planning and Pensions for Expats
- Financial Mistakes People Make at Different Ages
- Nearing Retirement? Time to Get Focused
- Key Retirement and Tax Numbers for 2017
- The Importance of Saving for Retirement at a Young Age
- Think Twice Before Counting on a COLA