What is the average cost to manage retirement funds?
Could you please elaborate on the average cost associated with managing retirement funds? I'm curious to know if there are any standard fees or charges that investors typically encounter when entrusting their nest eggs to professional managers. Are these costs dependent on the size of the portfolio, the type of fund, or other factors? I'm interested in understanding the financial implications and how they might impact an individual's long-term retirement planning.
How much money do you need to retire in Taipei?
Could you please elaborate on the question: "How much money do you need to retire in Taipei?" I'm curious to know, considering the cost of living, healthcare expenses, and any potential changes in the economic landscape, what would be a reasonable estimate for a comfortable retirement in the city? Also, are there any specific factors that one should consider when planning for retirement in Taipei, such as tax implications or inflation rates? Additionally, could you provide any tips or strategies for effectively managing one's finances during retirement in this city? Thank you for your insights.