Find My Retirement Home

Thinking about moving into a retirement village?

Living in a retirement village can be a fantastic experience – great company, security and support, and homes that are designed for easy living and low maintenance.

Unfortunately, buying your retirement home in Australia can be a confusing business due to the sheer variety and complexity of the different purchase arrangements – Freehold, Lease/Loan, Deferred Management Fees, Entry Fees, Exit Fees, Village Fees, share of capital gains.

There are also many traps and hidden fees for the unwary and uninformed buyer!

Making a bad decision on your retirement home purchase can have a significantly adverse effect on your savings if you find you have to move out of the community you are living in. As a retiree, you need to make you nest egg last as long as possible to fund your living needs into the future. You may also want to leave something for your family.

Retire Abroad from Australia or New Zealand

Have you considered living overseas?

In the US and Europe it is becoming increasingly popular for retirees to pack up their sav ings and possessions and retire to another country. There are many benefits of doing this:

• Better climate
• Better lifestyle and quality of life
• Better “bang for your buck” with cheaper currencies
• Cheaper cost of living
• Better health care options

For Australians and New Zealanders, moving to Asia is a viable option worth serious consideration: Our dollar is stronger than most Asian currencies, giving you an excellent rate of conversion. Cost of living is significantly cheaper – in Thailand for example, you could live quite well on A$10-20 per day. Better still, the provision of medical and health services is now world class in many population centres of Asia, particularly when compared with the dysfunctional health systems of Queensland and New South Wales! This fact alone has seen the phenomenal rise of “medical tourism”, where people from developed nations such as Australia, the US and UK now travel to Asia to have expensive medical, dental or plastic surgery work done in first class facilities with western-educated doctors at a tenth of the price.

Malaysia is a stand-out destination for retirees and they even have an official government program (Malaysia My Second Home) designed to encourage foreigners to emigrate.

You may even be able to continue receiving your Australian pension while living overseas!

For more information visit our website.