There are so many great locations for putting your feet in retirement. If you’re looking to make your retirement fund stretch further, then moving somewhere new might be on the cards for you. Moving to a location that offers temperate weather, a great lifestyle and low cost of living sees many British retirees flocking to Spain; however, there are options closer to home and as far away as Australia.
One of the bonuses of moving away from your current location is it gives you the chance to see more of the world and save a tonne of money at the same time. Remember, time is now yours, so you enjoy it, but how can you even begin to choose where you’re going to spend the next stage in your life?
We’ve narrowed down our favourite destinations from cost-effective to down-right beautiful so that your choice is that little bit easier.
Malvern – UK
Set in the Midlands of the UK, Malvern originated as a spa village with therapeutic qualities attributed to its springs. Buildings from the Victorian, Bronze and Iron age remain in Malvern and add to its natural beauty. Nowadays though, Malvern is recognised for its hills, it’s a scenic town and its bottled water. With many other attractions such as the Morgan Motor Factory residing there since 1909, a plethora of family ran businesses, and everything within walking distance, you’d be mad not to consider Malvern for your retirement home.
Windermere – Florida
Chartered as a residential development in 1925, Windermere has been on the map for quite some time now. If you’re looking for the perfect retirement area then Windermere could be ideal for you. With its population of merely 3400, you don’t have to worry about the hustle and bustle when you want to slow the pace down in a town like Windermere. Plus for retirees that love the idea of golf on the lakeside with a warm sunny breeze on their face, Windermere, Florida is the number one destination for you. With plenty of properties to suit all kinds of budgets, you’re sure to find the perfect home for your retirement.
Ravda – Bulgaria
If you’re looking to head somewhere a little more exotic and overseas, then why not consider Ravda, Bulgaria? An up and coming tourist destination thanks to the low cost of living and staying there. Things are a little different when it comes to owning a property in Bulgaria. Still, it’s worth it when you’re sitting on the balcony in your new apartment, sipping bloody mary’s while looking over the dead sea. For its sheer beauty and low cost of living, consider Ravda as a destination for your retirement.
Cairns – Australia
Finally, if you’re all about sun, sea, and sand, then Cairns is most definitely a destination to consider retiring to. While presently the cost of living in Australia is rather high, especially the cost of housing. But that could change, and it is changing right now. If you’re hoping to retire with $200,000 in savings augmented by some Social Security or pension income, keep an eye on Australia. With Cairns offering the Great Barrier Reef and beautiful rainforests, we just know you’ll never get bored of telling people you’ve moved to Australia for your retirement!