Expat Savings Advice – Leveraging Your Assets as a Retirement Strategy
When it comes to savings, many people are naturally reluctant to move their money or do anything that could impact the total value – even if the associated risk is small. Savings accumulated over many years could be intended as a contingency fund, a retirement budget, or a financial cushion to support bigger purchases. The issue here is that expat savings advice will rarely center on leaving savings in situ since there is the potential that, with low earnings and rising inflation, your wealth could slowly begin to depreciate before the time comes to dip in. Here we compare some of the various savings strategies to help you compare and contrast your options for making the most of your assets. Moving Savings Safely – Advice for International Transfers The first thing to look at is how you move your cash, which requires planning as much as shipping your belongings or finding a new property abroad. It’s useful to think about: · Currency exchang