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Yet another Corona post

Because this fear we are carrying is a heavy weight and it can be paralysing. 

There is no shame in coming out of yet another lockdown with the same body, the same empty canvasses you so desperately wanted to fill or still no plan about how your financial future looks. Despite all the motivated faces hopping around your Tik Tok screen, you are not alone with this! 

According to the article called “ Dealing with disappointment”, Manfred F. R. Kets de Vries, published in the Harvard Business Review disappointment is something most people struggle with. At the root of disappointment are expectations. Typically, those are set way too high. What’s the fix? 

Constructively deal with your disappointment. Admit to yourself that what you were trying to take on is too much, especially given this depressing, anxious climate we are in. 

You don’t have to do everything yourself, this is what specialists are here for. Get a financial planner to look at your finances with you. Get expert advice on your pension rather than trying to figure it out yourself. 

Don’t try to teach yourself cooking but join a Zoom cooking class. Do a virtual group workout and even meet new people. 

In reaching out for help not only do you take weight of your own shoulders, but in many cases you even support businesses that otherwise would be struggling due to the restrictions they are dealing with. 

As a Personal Assistant I can assure you, hiring somebody to support you is a game changer. 

If you need any help with your pensions or investments, please reach out to Paul Rhodes direct, or myself via the contact form below. More than likely you will speak to me anyway as I manage Paul’s diary and back office, so he can fully focus on what he does best: making your money work for you! 

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

French PM makes expat tax regime commitment

Finally, some good news for British expats in France who are clients of expat financial services providers; the French government has said that it will look to make its expat tax regime Europe’s most favourable – a move that is clearly designed to take advantage of uncertainty in London created by Britain’s decision to exit the EU.

The French Prime Minister Manuel Valls said that the favourable tax regime for expats in France would be extended from the first five to the first eight years of residence; the move goes some way to redress perceptions of an overly regulated and unfairly taxed financial sector in France.

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Retirees embracing life in new ways

There are very few life changes as profound as those that come with retiring. Increasingly, science is making clear what many retirees know already: that a fulfilling and long retirement is invariably a busy retirement. You might retire from your working age career, but the best way to enjoy your sunset years is to keep active, whether it is playing sport, creating art, being part of a community or having a “second career phase”.

Of course, in order to have an empowered retirement it is necessary that you make the right financial choices and if you are a UK expat in France, chances are that a QROPS will form part of your plan. Not only will your lifestyle change, but your spending habits will also follow suit.

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