Perhaps you lost a huge chunk of your pension during the economic crisis or have just recently decided to relocate abroad for that tax-free expat salary. Being in your early fifties and closer to the end of your career than the start, it is difficult to recoup retirement losses or get earnest about your retirement savings.
Remember that social security pensions will only cover a portion of your retirement expenses.
A recent study by gobankingrates.com found that 64% of workers had less than $10 000 saved up for retirement and 40% aged 55 and over had no retirement savings.
There is still time to do something about it. With a ten-year plan in place, you can get your retirement back on track.
If you have had a retirement set back or the reality of pending retirement has set in, then contact your deVere Acuma adviser for a consultation. [email protected]
Please note, the above is for education purposes only and does not constitute advice. You should always contact your deVere Acuma adviser for a personal consultation.
* No liability can be accepted for any actions taken or refrained from being taken, as a result of reading the above.
Acuma’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact Global Head of Media and Public Relations for Acuma on [email protected] or call +44 2071220925.