Quote Originally Posted by Englishman2010 View Post
I'll be in the same position, relying on my Pension annuity, tax free lump sum from my pension, plus any other savings or equity I accumulate until then. Based on my own projections of my retirement funds allowing for conservative growth, and allowing for average inflation in Filipino living costs I'll be in a relatively comfortable position then.

However, factors completely out of my control are investment growth rates over the next 17 years, and Filipino inflation rates. One thing that does concern me is that as Filipino's become more affluent, prices will rise there faster than they will here. Currently the Philippines is much cheaper than the surrounding area, I fear it may have caught up by the time I am ready to retire

Edit: another factor is exchange rates. If the Filipino economy performs well over the next 15 - 20 years, it's currency will strengthen, and instead of getting 66-70 pesos to the pound we might only be getting 40. I'm sure that will severly affect all of our plans
I'm at the other end of the scale, so to speak. Already in receipt of my private pensions
with my state pension to come in 5 years. So... no way to increase my now fixed income pensions. (well apart from the inflation increases ...... like that!!)

Englishman, do your research and find as risk-free as possible way to optimise any pension type income. You still have time.
You can never have enough pension.