Many preparing for retirement plan to shift when they retire. For some it’s the sea change, for others it’s a tree change, or for a whole range of other reasons. This is a major decision that needs a lot of thought. This podcast looks at various issues to think through as you make this decision.
Some city dwellers choose a tree change for their retirement. For them, living in the city or on the coast has no appeal. They want wide open spaces away from the city, where life trots along at a leisurely pace.
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.’
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?
Moving at any stage of life can be challenging. There’s so much to think about and do. That includes making lists, advising people, institutions, and companies of your new address, and wondering what to keep, what to donate and what to throw away.
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.
The following interview with Tim Webster from Around The House on Sydney’s 2UE focused on where to live in retirement. There may be something here that will help you in your retirement planning.
Have you thought about moving to a peaceful tourist area in your retirement? Or perhaps you’re looking for a place that is busy and welcomes tourists throughout the year. It’s a good idea to think about the advantages and disadvantages of moving to a tourist area.
One of the dangers about deciding where to live in retirement is to pick a favourite place—often a holiday destination you’ve enjoyed—without enough thought. This can be a problem, particularly if you’ve only ever been there in the holiday season.
The choice of where to live in retirement is important. So is getting it right the first time because it can be costly to sell up and move again if you make the wrong decision.