Retirement Planning the Offshore Way

Written by R.L. Williamson


Continued from page 1

Decisions That Need To Be Made

The most sensible solution would seem to be finding a safe harbour to anchor your retirement investments so that you can move from country to country as necessary without this having any negative impact on your assets.

However, if you decide to do this you need to decide exactly where that safe harbour should be.

Offshore financial centres present a viable solution - especially if you are undecided as to your eventual retirement destination. Basing your pension investment offshore should mean that future movements of capital or income are not impeded.

What To Be Aware Of

Your own personal circumstances are unique.

Be realistic about how much you should be contributing.

Considerrepparttar chargesrepparttar 112391 bonuses andrepparttar 112392 flexibility of any investment plan - generallyrepparttar 112393 more flexiblerepparttar 112394 planrepparttar 112395 more charges will be.

Know that a good offshore retirement plan should allow you to dorepparttar 112396 following without penalty:-

1Reduce contributions without penalty (normally after an initial period of one to two years). 2Switch investments between different funds to respond to changes inrepparttar 112397 market. Preferably including funds managed by other people outside ofrepparttar 112398 institution zone. 3Haverepparttar 112399 option of retiring when you want to without penalty. 4Allow certain access to monies invested (again, after an initial period). How to Findrepparttar 112400 RIGHT Solution

Finding out what each provider's best products are currently, and then hand pickingrepparttar 112401 best to suit your own personal needs and current circumstances isrepparttar 112402 best idea! But how impractical!

Do you haverepparttar 112403 time to do this?

Would you consider yourself an expert in offshore investments and pension planning?

Where would you start?

Obviously professional advice will get yourepparttar 112404 right solution and save you time and money and reduce your cost of delay significantly!

To find out more about what solutions are on offer inrepparttar 112405 market place and to learn more about offshore investing and saving for your future, visit http://www.offshoreinvestmentguide.com today.

Discover how to build wealth, enjoy greater privacy, protect your assets and secure your financial future withrepparttar 112406 Offshore Investment Guide.

http://www.offshoreinvestmentguide.com

R L Williamson is an independent offshore financial specialist.

She has worked in the fields of financial advice, specialising in retirement planning and she has worked in investment banking.


An Infinity Mortgage ?

Written by Jenny Barclay


Continued from page 1

How long a repayment period ?

Many years ago, a borrower, my father, tried to convince lenders ofrepparttar idea of a much longer repayment period. In fact so long that he gaverepparttar 112390 idearepparttar 112391 name, infinity mortgage. The idea was to payrepparttar 112392 interest, at whateverrepparttar 112393 actual rate would be, but not to repayrepparttar 112394 capital. Naturally inrepparttar 112395 staid world of banking this fell on deaf ears, and several so called bankers laughed atrepparttar 112396 idea. Eventually he was able to persuade an institution to go ahead with his proposal, and he purchased a house. He is now nearing retirement and still has not paid offrepparttar 112397 mortgage, and continues to payrepparttar 112398 interest. He is happy withrepparttar 112399 idea that, when we inheritrepparttar 112400 house, we will have to pay offrepparttar 112401 capital, and so are we.

The current position ?

The house is now valued at £280,000. My father’s income is £5,300 per month. Andrepparttar 112402 mortgage payment ? The last time we spoke ofrepparttar 112403 matter it wasrepparttar 112404 mighty sum of £7.92 per month. The capital to be repaid ? The not insignificant amount of £1,900.

Whether your local currency is pounds sterling, euros or dollars,repparttar 112405 principle is stillrepparttar 112406 same. Whilerepparttar 112407 motivation atrepparttar 112408 time, as a penniless masters student, was to keep every payment down to a minimum,repparttar 112409 capital repayment would not exactly have brokenrepparttar 112410 bank once a few years had gone by. When he reachedrepparttar 112411 point of what would have beenrepparttar 112412 normal repayment period, and received advice from all and sundry that perhaps he might slip intorepparttar 112413 bank with a bit of loose change, and pay offrepparttar 112414 capital, he declined. He rather likedrepparttar 112415 idea of his infinity mortgage being just that, or at least being with him until his death. In that he will succeed, you know what some of these old folk are like.

© Jenny Barclay

Jenny Barclay majored in math. and economics, and obtained a masters in viability of banking institutions. She is currently studying Spanish in Andalucia, Spain. This article may be reproduced on websites subject to credit being given to the author, and a link to her website.

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