House & Home Where to settle in retirement?

Discussion in 'Living Room' started by ellejay, 10th Aug, 2016.

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  1. Phase2

    Phase2 Well-Known Member

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    Location:
    Perth
    Perth weather
    Jan-Apr = stinking hot
    May-Sep = cold, windy and wet
    Oct-Dec = perfect.

    Melbourne weather
    Jan-Dec = Don't like the weather? go back inside, check again in 5mins.. :)
     
    Phase2, 11th Aug, 2016
    #41
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  2. MTR

    MTR Well-Known Member

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    LOL....very good
    I have a weapon for stinking hot Perth weather, we just got a swimming pool installed...
     
    MTR, 11th Aug, 2016
    #42
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  3. geoffw

    geoffw Moderator Staff Member

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    With that big investment, you won't want to move to Melbourne.

    Although sometimes it's not just about the money.
     
    geoffw, 11th Aug, 2016
    #43
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  4. Phase2

    Phase2 Well-Known Member

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    Nice. :)
     
    Phase2, 11th Aug, 2016
    #44
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  5. MTR

    MTR Well-Known Member

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    Exactly:)
     
    MTR, 11th Aug, 2016
    #45
  6. sanj

    sanj Well-Known Member Premium Member

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    Sorry to hear that, your signature right after that post seems particularly poignant
     
    sanj, 11th Aug, 2016
    #46
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  7. Propin

    Propin Well-Known Member

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    I'm finding Perth too cold. Noosa or Brisbane and surrounds but it depends what my kids are doing also. I wouldn't move again until my son finishes school in 2.5 - 4.5 yrs.
     
    Propin, 11th Aug, 2016
    #47
  8. Casteller

    Casteller Well-Known Member

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    Location:
    Barcelona, Spain
    Eventual goal is to bounce back and forwards between Byron Bay and Barcelona (I have properties in both places). At the moment stuck in the Spanish tax system, long term plan to be Oz resident again but spend as much time as possible in Spain without being caught by residency rules.

    Tax planning is a big issue in where you plan to settle, there is no financial secrecy anymore, automatic exchange and matching of information is being implemented now and former havens are either joining (eg Switzerland) or being ostracized (eg Caribbean), the game is up. Something to consider for those thinking of Europe (most countries tax much higher than Australia, plus no negative gearing, share franking credits useless).
     
    Casteller, 11th Aug, 2016
    #48
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  9. HomePage

    HomePage Well-Known Member

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    Queansbeans, NSW
    I retired right where I was. Better the devil you know ...
     
    HomePage, 11th Aug, 2016
    #49
  10. Otie

    Otie Well-Known Member

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    I couldn't live full time in Bali but could certainly handle 4 month stints.
    Also like Hua Hin- 3 hour drive from Bangkok. You can have best of both worlds.
    I couldn't stay away from my kids long enough to live o/s full time I'd miss them too much:)
     
    Otie, 11th Aug, 2016
    #50
  11. geoffw

    geoffw Moderator Staff Member

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    Plus many of us would get caught by Schengen rules in Europe.
     
    geoffw, 11th Aug, 2016
    #51
  12. Azazel

    Azazel Well-Known Member

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    Somewhere in the middle would be good, South of Rocky, hopefully no crocs or stingers, where you can actually enjoy the beach.
     
    Azazel, 11th Aug, 2016
    #52
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  13. Lacrim

    Lacrim Well-Known Member

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    Yeah we too. I think realistically, we'd probably stay in Sydney and escape for 1-2 month holidays throughout the year whenever we can, particularly during winter. Part of me also thinks that we covet living somewhere (else) because of the daily grind.

    If/when we're financially free, the feeling of having to 'escape' would diminish because there's nothing left to escape from essentially. It's not like we live in Kabul.
     
    Lacrim, 11th Aug, 2016
    #53
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  14. Azazel

    Azazel Well-Known Member

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    Depends what suburb you live in I suppose.
    It's ironic that living in Sydney requires this daily grind to pay off your house so you can enjoy life one day...
    Could sell up and live somewhere delightful at the coast! ;)
     
    Azazel, 12th Aug, 2016
    #54
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  15. Mick Butterfield

    Mick Butterfield Well-Known Member

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    Bermagui NSW
    Haha. You never know what the future holds.
     
    Mick Butterfield, 12th Aug, 2016
    #55
  16. Ed Barton

    Ed Barton Well-Known Member

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    Still too cold. Without the constraints of family I'd live with one foot on each side of the equator.
     
    Ed Barton, 12th Aug, 2016
    #56
  17. Lacrim

    Lacrim Well-Known Member

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    Amen brother
     
    Lacrim, 12th Aug, 2016
    #57
  18. Lacrim

    Lacrim Well-Known Member

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    True but well, what can I say, there's a reason Sydney prices are what they are.
     
    Lacrim, 12th Aug, 2016
    #58
  19. RPI

    RPI SDA Provider, Town Planner, Former Property Lawyer

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    Brisbane
    I plan on a house in Noosa and a unit in Brisbane CBD.
     
    RPI, 12th Aug, 2016
    #59
  20. Marg4000

    Marg4000 Well-Known Member

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    Qld
    Already retired, so far staying put in our PPOR of 37+ years.

    Along with ALL our retired friends, we have discovered that family and friends are the most important factor in our lives.

    Two of our adult children have moved, one interstate and the other a 5 hour drive in the opposite direction. We enjoy travelling to see them several times a year, and one is often back here for business.
    Marg
     
    Marg4000, 12th Aug, 2016
    #60
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