Several thousands among the Australian retiring population are departing from the traditional lifestyle of retirement years. Instead of living a modest life in the cities or just-about-decent life in the suburbs, they are migrating to South East Asia. While a few of them are looking for a cultural crossover and diversity of adventure, a majority is certainly looking at low cost of living in South East Asia as a major plus- one that can give their retirement savings longer legs.
In this article we compare the cost of retirement living in Australia and retiring overseas in 8 countries spread across Asia (6 of them in South East Asia). We also look at the biggest threats to your ambitions of retiring overseas.