Are you living in the wrong place for your retirement?

Font Size:

Once settled into life with your family, there are not likely to be many times when you’ll actively consider moving house or location. However, as you approach retirement or during the early phase of retirement, the perfect opportunity presents itself to reconsider your location and whether it is going to fit in with this new phase of your life.

Here are some signs that your current location might not be ideal for your retirement.

Your family is too far away
My parents lived a three-and-a-half hours’ drive away before they retired, but they couldn’t move any closer as they felt they would be unlikely to find employment at their age. As soon as they retired, however, they took the opportunity to move closer to their grandkids. Even if you are comfortable in your current location and don’t mind catching up with your family intermittently, think about the fact that one day your children or other family members may need to take an active role in your care.

Limited public transportation
When you first retire, public transport might not be front of mind because you are probably still comfortable using your car to get around to most places. However, as you age, your eyesight will deteriorate and you may feel less comfortable driving at night. The independence and freedom of driving everywhere rarely lasts forever, and it can be good to have a back-up plan available.

Entertainment options are limited
You now have a lot of free time, so make sure the place where you live has lots of things that you want to do. If you like walking and you live in the city, you might want to consider a tree-change. If you like swimming, you might want to consider a coastal move, or at least a shift to an area that has a good local swimming pool. Does your local area have a cinema or a theatre close by? Make sure you live close to what you want to do as you are unlikely to feel like taking a trip every day to the nearest city to stay active.

The area doesn’t fit your age profile
How many people in your age cohort are living nearby? If you are looking in a place with a lot of university students, you might have to deal with some late-night noise, and nobody wants to be that person! If you live in a community or area with a higher age profile, those areas will generally be better catered for in terms of facilities and infrastructure to meet your needs.

Have you moved house since you retired? How did you make the choice for your new location? What advice would you have for others?

Join YourLifeChoices today
and get this free eBook!

By joining YourLifeChoices you consent that you have read and agree to our Terms & Conditions and Privacy Policy


The reason many Australians are tightening their belts

Australia's financial comfort gap has narrowed for the first time in seven years.

Retirees warned to prepare for new assets test

Retirees should prepare to avoid this year's new ‘tax grab': Noel Whittaker.

Is the ‘tree-change’ retirement option back in vogue?

There has been a surge in demand for properties located in ‘lifestyle' regions.

Written by Ben


Total Comments: 17
  1. 0

    There are many reasons why a change may be beneficial to your lifestyle but bear in mind that if you downsize and/or move to a cheaper location you may lose some or all of your pension as the price difference may tip your asset limit over the now reduced allowable level.

    • 0

      Its traditional that kids move further out from cities due to affordability and parents retire in semi rural locations for lifestyle and affordability, leaving some money for lifestyle.

    • 0

      Why would anyone choose to move to live near their kids? Do they think that the kids may never move?

    • 0

      Downsized from a capital city 12 years ago, invested the money (better times then for that) and rented up and down the eastern seaboard for 3 years and then we decided where to buy again and took into consideration all the points in the article above.
      Now living in a country town (NSW) with supermarkets and all services within walking distance, only one car needed for heavy shopping. Clubs are nearby, hospital and clinics as well. Private Hospital 10 km away. Airport is $16 taxi fare away, and the place is still affordable, although prices of real estate have risen even here.

  2. 0

    I moved just over a year ago. I decided that my home was too big for me and needed work done on it. I moved to a retirement village on flat land, supermarkets and shops within a mile, very active U3A in the area and village social club.

  3. 0

    Don’t retire to Tasmania. It’s aweful. Horrible. Terrible. Stay away. Don’t come here.

    OK maybe visit , then go away again.

  4. 0

    Many retirees take advantage to move overseas for a while & travel the world. There are many countries that welcome retirees & you can enjoy cheaper living costs etc & live in the mountains or on the beach with very affordable rents.
    Doesn’t suit a lot of people for dozens of reasons including financial, emotional etc. Some people can’t leave family or need to live within close proximity.
    The world is small now, one can be back in Australia with family within 24 – 48 hours these days

    • 0

      Good idea, SFR. Have been around quite a bit myself but with age also come health concerns. When you consider the costs of comprehensive international health cover for over 70 year olds the living costs in Asia are not that beneficial anymore.

    • 0

      Yes Cowboy Jim it can be an issue & the older you are the more expensive the insurance is. Best to retire overseas early, enjoy what it has to offer then comeback to Australia if one’s health becomes an issue. Remembering that private health in Australia just gets more & more expensive as well. Luckily Australia has a public health system to fall back on.
      I do know plenty of expats in their late 60’s & 70’s that have had health issues overseas & use that countries health system & pay the extra for own room & treatment etc. Most have a special medical fund they use for this, & treatment & hospitals in those countries are considerably cheaper than Australia.

  5. 0

    I am in the prefect place with no one annoying me than the ones I invite. That’s what’s good about living in the sticks.

  6. 0

    OG, I ‘m sure quite a few here could recommend the perfect place for you. And the only visitors would be ones to match you.

  7. 0

    I moved to the sticks a year ago. Best thing I ever did. There are a lot around my age, and groups are set up for this age group. Not far to drive to the tiny town, and all is quiet and enjoyable. Like being in a retirement village, but still able to do whatever we like with the house, land etc. The way to go!



continue reading


Adorable celebrity pets

Just like the rest of us, Hollywood's A-listers are pretty obsessed with their pets, especially when it comes to sharing...

Health news

Who needs a colonoscopy most? Ensuring those at risk head the queue

Professor Jon Emery Mary was 55 when she started having on and off tummy pains, and noticed she needed to...

Health & Ageing

What stress does to your skin, hair and nails

Stress can be an all-consuming beast. Not only does it overwhelm your brain, but it can have a physical impact,...


Multi-generational family living grows, forcing design changes

The trend towards multi-generational living, accelerated by the COVID-19 pandemic, is producing fresh approaches to Australian housing. Urban designer Craig...

Seniors Finance

Your retirement 'pay cheque'

Nothing beats the reassurance of knowing there's money coming in each month. Then retirement happens and, suddenly, it's up to...

Health news

Scientists closer to developing a vaccine for urinary tract infections

Anyone who has ever developed a urinary tract infection (UTI) knows that it can be painful, pesky and persistent, but...


Alarming spike in elder abuse during pandemic

A frightening rise in elder abuse during the pandemic is being reported across Australia. And some of the perpetrators are...


How to know when it's time to break up with your mattress

Knowing when to replace your mattress isn't an exact science but there are some key indicators that it's time to...