On Retirement Planning

With many different schools of thought on how to plan on retirement, from a magical number in the bank to simply having enough assets that produce enough income, there are several different ways to enhance ones financials to achieve this.

Our view on retirement planning is that it should be comprehensive and flexible and one of our specialty areas are solutions to reducing debt and financial obligations such as shortening mortgages which saves not only time but years of payments. This is achieved by the safe strategy of leverage and premium financing, or involving a banking partner, to generate significant compound returns, tactfully offsetting your outstanding mortgage.

Taking advantage of the low lending rates and a strong property market in Hong Kong, we have a wide range of experience with existing clients where solutions can be readily adapted to your own needs.

Mr. Smith is a hard working father who purchased a property 10 years ago and has been paying off the mortgage every month. This year, circumstances have changed where the company that he works for has downsized, affecting his job progression. Furthermore he has a desire for his family to move abroad and children to be educated at an overseas university.

Solution

Through our service using leveraged insurance, we are able to provide a solution which effectively shortens his mortgage from 20 years outstanding to 13 years, legally and safely. This enables Mr. Smith to better fulfil and achieve his desires earlier than originally planned.

Furthermore, compliant tax exempted products were also introduced in order to provide efficient tax planning. Lastly, if for any reason he decides not to leave and remain in Hong Kong, the solution can also provide an attractive retirement income!