Contact

News & Insights

Planning for a Long Retirement in Spain

How to live longer in Spain

If you really want to live a long and healthy life in Spain, you need to live like a Spaniard. This is according to the Washington-based Institute for Health Metrics and Evaluation, which recently released details of a report on how the Spanish will soon sit top of the world longevity tables, outranking even long-time leaders Japan.

One reason for this is the much-lauded Mediterranean diet, including lots of olive oil and fresh fruit and vegetables. Other factors include the Spanish tendency to take long walks, as well as the fact that Spanish couples have a propensity for remaining physically active, even as they get older.

But, increased longevity brings with it some very serious challenges. Foremost among these is the following question: if you are going to live several years or even decades longer than your parents or grandparents, how can you make sure your pensions and savings will provide you with sufficient income to see you through your retirement?

Like most wealth management questions, there is no magic answer. Unless by ‘magic’ you mean ‘planning’.

Yes, planning for your retirement is almost certainly the way to give yourself the best chance of success. Starting as early as possible and investing in a diverse portfolio of retirement assets is likely to be the answer for most savers. However, retirement investing can be challenging and, especially for the lay investor, bewildering and frustrating.

The trick is to take financial advice at an early stage. This may be particularly true for UK expats who are enjoying the Spanish lifestyle – so if you are resident in Spain, you should contact your expat financial advisers in Spain for the help you need to intelligently plan for your retirement, including understanding how to structure your investments in Spain.

Blacktower, Expat Financial Advisers in Spain

Blacktower Financial Management has more than 30 years of wealth management experience, helping its clients with all aspects of investment, income, pensions, and retirement planning.

Our expat financial advisers in Spain can help you achieve your financial goals. Contact us today for more information.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Buying residential property overseas in 2017 post-Trump with Brexit influences

Advice on buying overseas property from financial expert Simon Conn:

After the “shocks” of 2016, how will the overseas property market be affected in 2017 and will the most popular areas still be of interest? Although the Trump and Brexit decisions did have an initial effect on clients potentially purchasing an overseas property – where some people have deferred until the markets have settled down in the USA after the Presidential inauguration and Article 50 is finally implemented – others have seen this as a good time to look for opportunities and bargains available in the market.

Read More

British expats in the Netherlands could do with more financial help

French FlagWe all need a little bit of extra help from time to time.

For instance, in one popular expat destination, the Netherlands, research was recently published to suggest that many expats could do with more financial help.

The survey, carried out by the International Community Advisory Panel (ICAP), an independent foundation hoping to strengthen the connection between the Netherlands’ international community and the Dutch government, has shown that the majority of expats living in the Netherlands do not receive enough help from the Dutch government when it comes to several key matters, including finding affordable housing and integrating their children into the school system.

Read More

Select your country

Please select your country of residence so we can provide you with the most relevant information: