A Different Profile This Time: Looking For Expats to Estimate Their Future Retirement Costs

I’m looking for a non-American, non-Singapore based expat (individual or couple) to interview for a book I’m writing on Financial Freedom for Expats. 

The book begins by asking readers to consider how much money they feel they would need annually if they were retired right now. 

There are no right or wrong answers to this question because everyone is different.  Some people will retire large, others modestly.  Some will live in London, England; others will retire to Laos.

But if you retired today, how much would you want to live on? 

Here’s an example of a few categories you could use in your breakdown while adding categories that apply to you, while deleting those that don’t.

  • Medical:         
  • Property Taxes:           
  • Utilities:                   
  • Food:                       
  • Charity:           
  • Rent/Mortgage:                    
  • Automobile Fuel:      
  • Home Maintenance: 
  • Home Insurance:      
  • Auto Insurance:        
  • Auto Maintenance:   
  • Life Insurance:         
  • Travel:
  • Long Term Nursing:
  • Home Insurance:     
  • Income Taxes:        

Total: $………………….

 What do I plan to do with this information?

I would write a 250 word introduction to the couple or individual, hoping to answer the following questions:

  • How long have you been an expat?
  • Where do you live?
  • What do you do?
  • Nationality?
  • Kids?  Their ages?
  • How many years from now would you want to retire?
  • Hobbies/Interests?
  • Place you may consider retiring?

After the introduction, I’d give your estimated retirement costs, then I would determine how annual inflation could affect that estimate.  Readers will be guided to follow in your footsteps and do their own calculations.  

And that’s it. If you can help, please let me know via email:  investlikebuffett[AT]gmail.com

Thanks, Andrew





Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I’m happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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1 Response

  1. Thank you to everyone that contacted me. I now have enough people to profile for this particular section.

    Thanks!

    Andrew

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