Ask Melanie | Swapping Hong Kong for the UK. An adviser here or there?

Retiring to another country is a major upheaval and the earlier your planning begins the greater the chance to optimise lifestyle and security.

Begin immediately with a glass of wine and a discussion about what retirement looks like to each of you. Map out your goals and do some homework on price tags. Use the internet to research house prices. Ask friends and family with enviable lifestyles in your target cities about the cost of living. Don't be shy - most people will offer a benchmark figure. You can also have lively discussions about buying a decent set of wheels - and the costs of insuring them.

Once you have rough figures for your home and lifestyle - perhaps £500,000 (HK$5.8 million) for a mortgage-free home, £30,000 for a car and £50,000 per annum for overheads - match them against your assets and liabilities. The hardest part will be working out tax payable on your combined income and whether your assets are likely to last as long as your wife does, given she's likely to live longer.

The lifespan of your assets, apart from your wife, will depend on a range of variables including return on investments, cost of investing, tax and drawdown on capital to meet unexpected expenses. Living costs may decline if you are less active in later life, but health costs may increase. Downsizing to a smaller home in later years, or a reverse mortgage, might be an option.

By now you will be developing a feel for the sort of advisory services you need. Hire someone who takes a total view on your goals encompassing investment, tax, insurance and estate planning.