This weeks blog is a little different in that we’ve drawn together three clips from You Tube which provide texture and colour to the theme of either having a long stay or retirement in Asia. The first clip is an interview with two journalists who have lived the dream and wrote a book about it. The second clip comes from a news story that was shown on the SBS TV Show ‘Dateline’, and the third clip is a radio interview hosted by Steve Price.
So is it possible to have a Champagne lifestyle on a Lemonade budget?
Back in 2014 two journalists from the Australian Financial Review, Steve Wyatt and Coleen Ryan (who also happen to be husband and wife) wrote a fabulous book called “Sell Up, Pack Up and Take Off”. It really captures the essence of what retirement overseas is all about. This is an interview with the couple entitled “How to Retire in Paradise” which was shown on the TV show ‘Studio 10’
Australia has one of the highest poverty rates among over 65’s in the OECD, and according to a recent article in the Sydney Morning Herald, up to 35% of retirees in Australia are at risk of sliding into poverty. It’s therefore no surprise that more and more retirees are broadening their horizons and choosing to live overseas. The SBS TV show ‘Dateline’ highlighted this growing theme in its story “Paradise Pensioners”.
It’s important to note that this story concentrates purely on Thailand, and in particular Chiang Mai and Pattaya. It showcases the good, but also doesn’t hold back on some of the dangers (which in most cases are sadly self induced).