Lifestyle Financial Planning
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Soar Magazine
July 31, 2025

Episode 7 Retiring Abroad: What Will It Really Cost You?

Discover the true cost of retiring abroad. Learn how to plan for a sustainable future, avoid common pitfalls, and secure your financial freedom.

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Information correct at the time of recording.

Planning to retire abroad? It’s not just about the dream of a sunny beach and a relaxed lifestyle. In reality, retiring overseas comes with unique financial challenges that can quickly derail your plans if you’re not prepared.

In this episode, Ed Teasdale, Senior Financial Adviser at Skybound Wealth, explores the true costs of retirement abroad, and how to make sure you’re financially ready for the life you’ve imagined.

In this episode, you’ll learn:

  • The cost of retiring in different expat hotspots, from taxes to healthcare
  • How inflation and lifestyle changes impact your retirement savings
  • The three retirement killers, procrastination, ignoring inflation, and overestimating savings
  • The importance of diversifying your income streams to protect your financial future
  • How to get serious about planning and make your retirement dream a reality

The Sooner You Plan, the Fewer Sacrifices You Make

Don’t wait until it’s too late to understand the financial realities of retiring abroad. Start building your retirement plan now, so you can enjoy the future you’ve worked hard for without worrying about running out of money.

Book a Consultation With Skybound Wealth Now

Ready to get started? Book a consultation with one of our experts today and take the first step toward securing your financial future abroad.

Book A Consultation With Skybound Wealth Now

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Disclosure

Written By

Edmund Teasdale

BA(Hons) ACSI
Managing Partner & Chartered Financial Planner

Starting his illustrious career at a large international financial services company in London, Edmund moved to the Middle East in 2010. During his time in the region, Edmund has held a number of roles working exclusively with High Net Worth and Ultra High Net Worth clients. Edmund holds Associate Chartered status, awarded by the Personal Finance Society (PFS) and the Chartered Institute for Securities & Investment (CISI). As a specialist in complex financial planning and investment management, Edmund is able to provide a truly holistic service to international investors.

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Soar Issue 4: The Essential Read For International Investors

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