India to UK and Back: Facilitating a Smooth Retirement Transition
The Returnee
Lewis Jacob
Situation
Lewis, an Indian citizen, moved to the UK 15 years ago and is now in a leadership position with a multinational there. He has two children, both in college. While his family visits India occasionally, he plans to retire in a year and relocate to India with his wife. Lewis is keen to set up a charity in his parents name and focus on raising funds and directing its activities.
Challenges
A smooth transition while living in one country and planning to retire in another involves aligning financial plans to support their lifestyle and philanthropic goals. It is also important to ensure his wife has an easy cultural transition.
Financial Approach
We are committed to finetuning Lewis’s financial plan and keeping a close watch on its outcome to guarantee sufficient funds for his ambitions without compromising his lifestyle or family obligations. We closely monitor market conditions and leverage investment opportunities to ensure Lewis’s portfolio remains robust and resilient. Our proactive approach is tailored to help mitigate risks and capitalize on growth to secure his financial future and support his philanthropic endeavours.
Family involvement
We are helping his wife understand the wealth management strategy we have designed for them, allowing her to gradually become comfortable with the numbers and approach. Our goal is to foster open communication to prevent any potential friction so that the relocation is smooth sans cultural shocks.
Where we are
- When Lewis signed up with us over 10 years ago, he expected agile thinking and timely action to help grow his hard-earned wealth and use it meaningfully for himself, his family, and society.
- Our financial management initiatives have resulted in a well-balanced portfolio that continues to grow, ensuring long-term financial stability for Lewis and his family.
- We have successfully aligned Lewis’s financial strategy with his retirement timeline, ensuring the transition from the UK to India would be seamless.
- His wife now feels informed, involved, and confident about their financial plans.
- We are helping Lewis achieve his other financial goals, allowing him to focus on his charity work without financial distractions.
Technical Aspects of Our Strategy
01
Multi-Currency Portfolio Management
We manage a multi-currency portfolio for Lewis, balancing assets in USD, INR, and GBP to optimize returns and minimize risk.
02
Global Insurance Requirement
We assisted Lewis in securing global insurance coverage to ensure comprehensive protection for his family.
03
Financial Transition Planning
We utilized tools from the Certified Financial Transitionist (CeFT) program to plan and execute a smooth financial transition, ensuring Lewis and his family are well-prepared for their move to India.
03
Financial Transition Planning
We utilized tools from the Certified Financial Transitionist (CeFT) program to plan and execute a smooth financial transition, ensuring Lewis and his family are well-prepared for their move to India.
International Money Matters Pvt. Ltd. / IMMPL / International Money Matters (SEBI Registered Investment Advisor) | SEBI RIA Registration no. – INA200010676 | Type of registration – Non individual | Validity of registration – (24th May, 2018)— Perpetual | Registered office address – 101-103, Mittal Tower, A Wing, 1st Floor, M G Road, Bengaluru-560001 | BASL membership Id- 1519 | ARN – 30846 | CIN – U36941KA2002PTC031245 | GST No. – 29AABCI3975Q1ZQ | Principal Officer & Managing Director – Lovaii Navlakhi ( Lovaii@immpl.com) | SEBI local office address – Securities and Exchange Board of India, 2nd Floor, Jeevan Mangal Building, No.4 , Residency Road, Bengaluru – 560025, Karnataka.
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL and the certification from National Institute of Securities Markets (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Secure your financial future now
International Money Matters Pvt. Ltd. / IMMPL / International Money Matters (SEBI Registered Investment Advisor) | SEBI RIA Registration no. – INA200010676 | Type of registration – Non individual | Validity of registration – (24th May, 2018)— Perpetual | Registered office address – 101-103, Mittal Tower, A Wing, 1st Floor, M G Road, Bengaluru-560001 | BASL membership Id- 1519 | ARN – 30846 | CIN – U36941KA2002PTC031245 | GST No. – 29AABCI3975Q1ZQ | Principal Officer & Managing Director – Lovaii Navlakhi ( Lovaii@immpl.com) | SEBI local office address – Securities and Exchange Board of India, 2nd Floor, Jeevan Mangal Building, No.4 , Residency Road, Bengaluru – 560025, Karnataka.
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL and the certification from National Institute of Securities Markets (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors.