Norfolk Island has been in the news recently—and not only as a great place to visit. More people are looking to Norfolk Island as a retirement destination.
Norfolk Island has been in the news recently—and not only as a great place to visit. More people are looking to Norfolk Island as a retirement destination. First settled in 1788, just weeks after the First Fleet arrived in Sydney, Norfolk offers much for those who enjoy pristine air and superb scenery.
A recent forecast predicts that there’ll be a surge in the number of baby boomers heading for regional areas. The report went on to identify 30 likely places around Australia. Interestingly, only about half of them were by the sea. Could an inland tree-change be on the cards for many baby boomers?
Two years ago, at the age of 62, Sherry Goodloe decided it was time to retire and ‘to start really living’. Four years earlier she’d had breast cancer, which made her think hard about her future. To fulfil her travel dreams she says, ‘I got a world map and I started mapping out places I wanted to go.’
For Centrelink, a ‘granny flat agreement’ starts when an Age Pensioner transfers assets to another person in exchange for future accommodation. ‘Granny flat accommodation’ comes in various forms: from a self-contained building; an apartment in a larger building; or simply the spare bedroom of a family home with use of the family bathroom. A formal, […]
Many people look forward to moving to an idyllic retirement spot, others to build or renovate their dream home. Much planning goes into their new home, but sometimes a few things are overlooked.
Downsizing into an apartment or independent living unit is an attractive option for many retirees. And it may mean having cash to spend on travel and lifestyle. Or to escape monthly mortgage payments.
‘We’ve got a mortgage, it’s small, but we don’t know how to pay it out.’ That’s what a recently-retired client couple told me, and asked, ‘What can we do?’
Jill Weeks, the co-author of Where to Retire in Australia talks about how to work out where to retire. Long involved in the retirement industry, she’s researched and understands what’s involved in this decision. She has also written 21 Ways to Retire, co-authored Retire Bizzi and is a regular contributor to ABC radio.
Would you, should you retire interstate? In Australia, it seemed that in the 1970s there were many ‘southerners’ (particularly from Victoria) travelling up the Newell Highway in record numbers to live in Queensland. Now Tasmania may become the ‘Florida’ of Australia. The Apple Isle is likely to attract many who want to retire there.