As the average life expectancy continues to rise, people are needing to build a larger pot for their retirement. With interest rates remaining at record low levels, it is vital that expats begin saving for the future sooner, rather than later.
In your thirties, you only have around 25 years left to save for your perfect retirement. However, by understanding and harnessing the power of compound interest, it is possible to achieve significantly greater returns by starting to save earlier in life.
On average, an expat stays in the UAE for seven years. Aside from the better quality of life a big factor in why we choose to work here is the higher salaries and the lower taxes. Don’t waste your paydays, Make your time here count. Fortunately, Guardian Wealth Management reviews offshore savings for expats in this handy, free-to- download e-guide.