Expat Pension Planning Advice for Retirement in Canada
Canada is one of the most popular expat destinations in the world – and with good reason. But, along with deciding where to live, enrolling in schools and registering for health insurance, there is another essential task to consider before you relocate – assessing your pension plans. Professional expats and families don’t tend to have pension planning at the top of their priorities – and it’s understandable since retirement may be some years off yet. However, whether you’re expecting to retire in several years or are moving overseas to live your dream retirement lifestyle, it’s essential to decide what to do with your UK benefits before you pack those bags. Before we’d even start thinking about creating a future-proof pension plan, we’d need to assess several all-important factors, including: · What sort of UK pension products do you hold? · How much have you saved in British schemes? · When do you expect to retire? ·