Aussie Expat Podcast

Expat Chat Episode 98 - When Should An Australian Expat Plan For Retirement

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Sinopse

Welcome to the ninety eighth episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat. In today’s Expat Chat we talk about when should a Australian expat start planning for retirement. When Australians move overseas quite often their superannuation fund and the mechanisms behind saving for retirement tend to fall by the wayside as they focus on building their wealth using other vehicles. What a lot of people don't realise is that when they are living overseas and they are not contributing at least 10% of their income to superannuation unless they are saving this amount elsewhere they could be financially disadvantaged compared to their colleagues back in Australia. In this episode we run through the following topics: • Do I need superannuation if I am not retiring to Australia? • Can I contribute to my superannuation just before I retire? • What structures should I consider when retiring? • Can I utilise foreign pensions and social security? L