The case of a 74 -year -old Briton renovated who moved to Spain to spend the last years of life in a quiet way is drawing attention in the UK. The situation has changed dramatically and today, instead of enjoying the renovation, the couple depends on occasional work, including cleaning, to pay basic expenses.
An early renovation plan
Alan Brozel decided to reform at age 50, after a long professional career, and moving with his wife Paulene to Gata de Gorgos in Alicante.
The idea, explains the newspaper Online News Work, was to live with the monthly pension of about 680 euros and the 175 thousand euros that had been able to save over the years.
The couple believed that with this amount they could travel, rest and maintain a stable level of living.
The decision that changed everything
Shortly after the change, they decided to invest all their savings in a pension plan offered by the continental company Wealth Management, says the same source.
According to Alan, the company promised low -risk investments, but changed conditions without consent, falsifying signatures.
The result was the total loss of 175 thousand euros, which represented all their financial assets.
An unexpected new life life
Without savings, the couple was forced to look for new sources of performance to survive, the.
Alan and Paulene began accepting cleaning work, animal care and maintenance of holiday houses.
The goal now is just to ensure that they can pay the bills and maintain some stability.
A problem that affects more people
Cases like Alan’s are not isolated, according to various British media. Another investor, who declined to be identified, lost more than 200 thousand euros when relying on the same company.
The Online News Journal also says that the lack of adequate financial counseling was decisive for the damage suffered.
The emotional impact of the loss
For Alan, the hardest was not just the loss of money, but the breach of trust in financial institutions.
It claims that it did not receive the necessary protection and that the interests of the company overpowed those of customers.
The quiet reform he had planned has become a life marked by daily work and uncertainty. The couple keeps hope of recovering part of the money, but knows that the possibility is remote.
Meanwhile, the routine remains: housework, animal care and cleaning have replaced travel and rest plans.
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