subject: Britons Want To Retire Abroad [print this page] A recent survey shows an interesting trend: almost half of the Britons questioned revealed the fact that they would rather spend their retirement abroad and not in the UK. They complain about the weather, about the economic uncertainty and other issues that determined them to say that they would rather move abroad.
There is one important thing that you should take into consideration before you quit your job and enter early retirement, and that is your bank account. Most of us save money for our retirement all our lives but we should be aware of the fact that there are some other ways in which we can do this in a few years' time. Retiring abroad is something possible all you have to do is to make sure that the finances that you have are sufficient. Planning in advance is something that you should not neglect to do in order to make sure that everything is prepared.
The most important thing is to decide where would be the place that you would like to live. After that you should try to estimate how much money you would need to re-locate and also at what age you would want to retire. You can determine how much money you will have to save in the future by taking a look at your personal financial statement.
If you realized that you need more money than you originally thought then you should not despair because there are various solutions that can help you. Something that you could do is to move abroad and continue your career there until you reach the retirement age. Working a few years longer can be another viable solution so that you save all the money you need. Another solution would be to get a part time job. This could also be in the country where you move to, it doesn't have to be in UK. The part-time job really should be something interesting and preferably easy that will keep you busy a few hours every week and that will bring some more money for your house hold.
Another good way of saving money would be to invest in gold. Many people do this in our days because gold is a secure asset that can bring the investor a considerable amount of money. If you are interested in making such a purchase then you should talk to some specialists that can offer you all the advice you need. Surely you will have the money that you need for moving soon enough.
