Six insights into what non-resident Indians want
By Mark Battersby, 25 Apr 18
What are the main concerns that non-resident Indians who live in the UAE have about their own financial planning needs and how can advisers help?
NRIs would like to retire early; but probably won’t
Most respondents indicated they would like to retire between the ages of 61 and 65, which is at odds with how little they are saving. Only one in four NRIs save more than 10% of their salary, so this goal is unlikely to be realised unless this percentage is increased quickly.
A lifetime of working is the more chastening reality.