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.
However, there is something that you should take care of before you quit your job and enter early retirement and that is the bank account. We usually save money for out retirement pension all of our lives but there are some interesting ways to do this in a few years' time. Retiring abroad is something possible but first of all you should take a very good look at your finances and bank account. Planning in advance is the best and sometimes the only solution how you can make this dream come true.
One important thing, and maybe the first one, is deciding where you would like to go. You should also try to make an estimate on how much money you will actually need for re-locating and also at what age you want to retire. Your financial statement will tell you exactly how much money you will have to save in the future.
You don't need to despair if you realize that you need more money than you originally thought because there are some various ways in which this problem can be solved. One thing that you could do is to move abroad and continue your career there until you reach retirement. You can also choose to work a few years longer so that you have the chance to save all the money. Getting a part -time job will probably help you save all the money that you need. This job doesn't have to be in the UK, you can find a second job in the country you move to. It shouldn't be something difficult but something interesting and easy that will keep you busy a few hours a week and that will bring you some more cash in your wallet.
If these ideas don't appeal to you, then you should try investing in gold. Purchasing this precious metal is something that many people do in our days because the old golden commodity is very secure and it can bring you a lot of money. You will surely gather all the money that you need in no time.