Expat Financial Advice: Successful Investing for an Overseas Retirement
Submitted by Creveling & Creveling Private Wealth Advisory on April 26th, 2017By Chad Creveling, CFA, and Peggy Creveling, CFA
How much will you need to retire overseas, and how should you invest to achieve that goal? For many of us, a retirement portfolio worth the equivalent of USD 1 million might seem to be more than enough—almost like winning the lottery. Unfortunately, USD 1 million doesn’t go as far as it used to. Depending on your overseas lifestyle, this amount may provide only a reasonable, not generous, retirement, especially if that retirement lasts 30 years or more. In this article, we’ll explain how to judge if the equivalent of USD 1 million will be enough for you in retirement, as well as how best to invest to ensure you don’t run out of money or have to curtail your lifestyle.