Case Studies

Case Study

An English teacher wanted to take advantage of an improved income and a low cost of living to make a serious financial commitment to her future.

Our client is 31 and single. She came to Vietnam to begin a new career as an English teacher. So far, she’d made no plan for funding her retirement. Now, with an improved income, and living in a country with a low cost of living, she wanted to maximise that benefit and start to make a serious financial commitment to her future.

As she’s still relatively young, she wanted a savings platform which would allow her to retire in her mid-50s, but also one which would provide some flexibility in the meantime.

Whilst she was now on a good income she was concerned that due to the contracting nature of teaching abroad she may need to stop, start and increase or decrease payments occasionally. She sends money back to the UK regularly to pay a student loan and wanted to pay the premiums in Sterling from a UK account.

In order to provide her target retirement income of £20k per annum whilst preserving capital, a fund of around £400k producing 5% growth would be required. We calculated that a quarterly contribution of £2004 over 25 years would be slightly more than sufficient and would also provide some contingency should there be some infrequent interruptions to contributions.

Our recommendation of a plan from a leading international product provider was accepted by our client, as it met her requirements in every respect.

She wanted a savings platform which would allow her to retire in her mid-50s, but provide some flexibility in the meantime.

Flexible savings plans for expats in Asia

Restricted Access

This Site and the Content are not directed at or intended for distribution to any person (or entity) who is a citizen or resident of Hong Kong (or located or established in) any other jurisdiction where the use of the Site would be contrary to applicable law or regulation or would subject Infinity Financial Solutions Limited to any registration or licensing requirement in such jurisdiction.

Persons (or entity) who is a citizen or resident of Hong Kong please click on the link below to access our Hong Kong Site.

www.infinitysolutions.com.hk