Retiring in Spain: No debt, no worries | Aussie's inspiring story
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- čas přidán 23. 04. 2024
- Subscribe and set 🔔 » 7news.link/YTSubscribe | The standard of living for pensioners in Australia is so, so hard. Which is why, for some, retiring overseas - on a full Australian pension - is a brillianbt option. Norah Ohrt lived most of her life in Perth, Western Australia. As a single woman approaching retirement, Norah realised that if she chose to stay in Perth, with her modest means, she would likely live in poverty. So, she investigated how to retire overseas - and found that by moving her whole life to the south of Spain she could afford to live where she wanted, and how she wanted, and in incredible style. This is how Norah did it. Portions of this story originally aired on Sunday Night in 2019. Now, we haver released it as a full documentary. 7NEWS reporter Anegla Cox travelled to Martos, in Andalusia, to meet Norah and see her incredible home and meet her friends.
KEY MOMENTS IN THIS VIDEO
CHAPTERS
0:31 How to retire in Spain
2:04 Why did Norah move to Spain?
4:00 Pensioners live in ‘poverty’ in Australia
6:25 How to buy a cheap house in Spain
10:10 The cost of a home in Spain versus Australia
12:48 Tour of Norah’s house
16:10 What lifestyle can retired Norah afford in Spain?
18:10 Cost of groceries in Spain
19:00 How to get full Australian pension if you retire overseas
20:05 Cost of healthcare in Spain
22:10 The medical facilities in Spain
23:04 Cost of bills and utilities in Spain
27:04 Does Norah ever get lonely?
28:06 Tips for learning the language and culture if retiring abroad
29:50 Why older people are revered in European cultures
31:50 Why cost of living in hard for retired Australians
35:10 Does Norah ever miss Australia?
37:30 The cultural differences between Spanish and Australian people
39:23 Norah’s plan for her house in Spain as a legacy for the arts
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As a single middle aged woman
You give me so much inspiration to live a better life,put back into a community that you loved in Australia and participate in your new community!
People who see the negative in this story are ones who don’t understand how small businesses works
How much small business puts into the tax system in Australia
I hope more retirees watch this as it is a wonderful story of how to retire with dignity and respect
@@TheMightyAbs so you're born in Australia live and work you're whole life in Australia, pay taxes and contribute to the community and economy but when you retire you shouldn't be entitled to a pension unless you agree to be shackled for the rest of your life to that country? What a crock of shite! That sounds like slavery to me why would anyone want to waste their lives working in a country that would keep them captive in their old age. Deciding to immigrate to another country in retirement doesn't negate the years of taxes that person paid throughout their working life or their right to a hard earned pension.
Well said ❤
@@TheMightyAbsYou seem to be spending way too much time on this
Is it because you’re comment didn’t get pinned by 7news Australia 🇦🇺
We live in a democratic country (lucky for us)
Every person has the right to spend their money how they see fit
Regardless of who pays them including welfare recipients
When it comes to supporting business,Most businesses target demographic is not people on any forms of welfare payments because it’s challenging for people on low incomes to afford the goods and services they provide
It’s a fact !
Self funded retirees have worked very hard to have what they have,so they can still be able to live in Australia
No one wants to leave their home that they were born in
I know this most of my family including myself are migrants
Norah should be commended on making her dollar go further
She is not a burden on the health system or housing
Which would cost more to the Australian taxpayer
@@jaciriley123 ...thank you well said, I think he needs to go flex his "Mighty Abs" somewhere else!
@@dianatalevska3218...thank you! He refuses to see any light at all, must be great to be so perfect!
The confidence that comes from a self sufficient elderly person is beautiful
@@TheMightyAbs She is receiving what she worked and paid for. Why should you begrudge her that.??
@@TheMightyAbs Don't forget all the tax she would have paid as a small business owner. Also she probably never claimed any form of Centrelink benefit. I think she probably earned that right.
@@TheMightyAbsA pension is not a gift or a favour given for free. 😠 It is something paid for during a lifetime of work.
@@TheMightyAbs I've seen your other comments - it really sounds as if you are just bitter, resentful and jealous, hence your vast generalisations. She worked all her life, paid into the system, and now enjoys a modest pension. Can't you handle other people's happiness?
That woman is healthy, that is why she seems so self sufficient.
As a Spaniard living in Madrid, wishing this lady the best of the best here in our country.
Does she can receive retire money from European aliens, Spin?
@@hsiao-meihuang4984 ofc not wtf you think this is
She literally contributes 0 to the country.
@@CarlosPerez-zf1uy NOT TRUE. She takes nothing from the country Payed for her house. Probably paid cash for her transport. Groceries. Has housekeeper [wage] Goes out to Cafe's And Restaurants. Pays for her medical needs. {cash]She contributes a lot
Also she doesnt Work but spends all her retirement money in Spain its a win win for her and spain
Retired Politicians in Australia live on a pension, starting at $200,000.00 whereas a retired citizens gets $26,000.00. This should be reassessed, it's madness.
Absolutely spot on.
Yes, they should raise taxes on the working people so us older people can have more.
@@JB-3794 😂😂😂
26,000 is below poverty line in Australia, it's horrendous
but its $34k if they live in Australia. (plus their private pension, untaxed).
"I didnt feel brave. I just knew this was something i had to do". Good for you Nora and God bless.
She looks SO happy and full of life. Bless your journey
I’m 52 sole aussie women and I’m doing the same in 18 months, can’t wait 🎉🎉🎉… bye Australia
Good on you! Best of luck
Hello, how are you doing?
Germany welcomes Aussies
Is Germany cheaper to live? I am in Canada is bad.
@@kaurmal8791 As long as u don't live in Munich...
Very smart, well educated lady made some sensible decisions and is enjoying the rewards. Good for her!
i lived 15 years in Australia and became australian citizen in 2012 but life was so expensive that i came back to France near the spanish border and since i live very confortably , in Australia i was surviving .
Are you in the Basque side with Biarritz nearby? I used to live in Bilbao, that part of Spain and France is amazing.
It is worse now. Lots of homelessness
I'm Australian/French, I saw the big waves of French people arrive to Australia in the 2010s, the "big dream" --but in the end most of them eventually ended up going back to France. I left Australia too (almost 6 years ago) and I currently live in Spain, but thinking about moving to France or Italy. In Australia I always had to count how much I was spending with each item I picked up at the supermarket, here I don't count, it's so freeing
What a lovely woman. I too have moved to my forever home in Europe. Slovenia. Tiny land. Peaceful. Respectful. Beautiful. Great lifestyle. Everything spoken about I know. Would never return to Australia. Left last year for my permanent adventure as I turned 70. Solo woman. I have Europe at my doorstep. Venice is two hours away. What's not to love about that. I wanted seasons and I have that. I'm so happy.
Would love to know, more precisely, where you chose to set up household in Slovenia, and how well you get by linguistically? Thank you …
@eugeniebreida1583 English is broadly spoken and very well. Learning Slovenian depends on your circumstances. It's difficult. Slowly. I chose the capital to begin with. It's a small country so getting to places is quick and easy. What's your interest in here?
Trying to escape Norway. Have considered Slovenia as my destination. Happy to hear that you found your home there.
@slaviapolandia7541 thank you, very sweet of you. Best wishes in your decision making.
This young lady is a great interviewer. I wish the best in her career.
There was a great chemistry between Nora and the interviewer. Great give and take.
Agreed!! Wonderful!
Superb interviewer .. a genuine talent and a brilliant interviewer. All the best to her in her career.
I’m American and Auntie got me thinking about looking into purchasing a vacation home in Spain🍾🥂. I love the joy in her eyes when she talks about how Spain has been in her heart since she was young, the moment was priceless ❤
Nora you now live with such dignity. It is something many Australians are losing . The cost of living, violence and lack of morals is destroying Australia.
I will be joining you with my Spanish speaking Mexican husband and son soon! We will be moving to stunning Andalucia in our late 50s ,which is just a few years away.
You have done well Nora, bless you.
Unfortunately, it's not just Australia that has this problem. I live in the US and we have the same issues. I am looking to go back to Europe and found this information so helpful. Thank you Nora for your candid interview. Have a wonderful retirement ❤
'Dignity and Australian' in the same sentence, hilarious; never existed. NZ has rapidly caught up .
I learned something very precious, in a globalised world go where you are treated the best!
30:54 She’s so right, back here in Australia the elderly are forgotten and shoved into nursing homes, whereas overseas they are more respected.
same with us, in Belgium... and so little respect as well;
@@TheMightyAbs
not everyone wants to be a burden on their kids!!!
So true….love to you all ❤
Yep, they shoved into nursing homes and knocked off !!
Hello, how are you doing?
What a great lady. Good for you.
Australians are being pushed out overseas to afford retirement. No longer the lucky country
they are raising the prices in overseas countries for the locals making it impossible for the locals to buy and live in their own towns.
@mt-bd9wi they don't care about locals. They never had. It is all about them 😂
@mt-bd9wi Because "overseas countries " are flooding Australia its becoming unaffordable so it looks to be a cycle.
@@afrivox Just like how all the immigrants flooding Australia and destroying the place?
Intresting, it's a dam shame 😢
We are an 76 and 72 yo couple and we are off to a Greek island to live next year. Our research indicates the same applies there. Well done Norah.
Wow, I love Greece, which island please?
Be aware Greek golden visa changing in September this year.Going from 250,000 euro to 500,000 euro for the golden visa.
@@bradleylocke4336 Thanks Bradley, sadly we will just be on a pension!!! Still just going to go under the radar and see what happens…fingers crossed.
@@Nancy-ko2zv Hi Nancy, we have friends in Poros and we'll head there first.
@terrylee005 Thanks for replying. I will take a look at Poros. Love the Greek Islands :). Good luck with your adventure!
I have always had my mind in retiring in Spain! And im only 40 now. How divine! Its just a greater way of living in mediterranea🩷 Some people are so stuck in their minds thinking one cant live elsewhere the world is huge!! Live your life dear and enjoy☺️🩷
Not only 40. Plan it, you’re close. Years are passing quickly
Look at Portugal
It is not so easy to get the residential visa these days. She moved there in2012. But I heard recently that what they used to refer to as "The Golden Visa" meaning you could come and go/stay as long as you please has now been stopped.
Norah. Congratulations on your decision. I have to admired you.
I did much the same for similar reasons when I decided to leave New Zealand and live in Thailand in 2011.
I wish you all the very best and happiness.
A good friend of mine told me her mother use to always say. " we are not trees, we dont have roots so we can move around". I really love that and feel people sometimes forget this. You can always make new roots in new places. But you have to push yourself to grow. You really have to push yourself to integrate.
Well said
She’s living her life as she pleases and just made me smile knowing she’s very happy and contented. This is what should be… ❤God bless and more blessings. Spain is a very beautiful place. ❤
Hello, how are you doing?
Elderly here in the US are mostly all struggling to even pay bills or are homeless. Its awful
Most people are struggling right now. Inflation is hitting the whole world.
@@CroisMoiinflation is just money printing. Only governments can create inflation, yet people keep voting for these same politicians
the USA is a wreck, no love for the elderly, families falling apart, crime, very very expensive, property insurance skyrocketing, the USA has changed so much many of barely recognize it anymore...its a nightmare now...
Ms Norah, so happy to hear of her inspiring journey. Wishing her many years of health and contentment.
I live in Italy and my cousin with his family recently organized to reduce their living space to ensure his mother could move in with them because she is getting older aged. She now has her own space an privacy and they have adapted happily because putting a mother in a hospice is not an option no matter what. This is what life is about, love and family.
Yes so wonderful but not all families are like that anymore.
If people reject infirm parents they set that example for their children to do the same with them.
Hi as an Irish/Australia who has just been in Spain visiting my childhood Dublin friend who’s retired I can tell you it’s a great place not only from a money point of view but just as the Nora said they really respect and cherish older people which I love. I also spend time in Thailand over the years and it’s the same thing the way older people are look at.
She was exactly right when she said in Australia / Most Western countries people are so busy chasing the mighty dollar they have no time for the elderly just stick they in a nursing home or a small bedsit and forget about them it’s very sad.
I must admit, being Australian/French, I always did find it very different in the Mediterranean countries how people care a lot more for, and show a lot more respect and loyalty for older people and older family members. I remember being 30 and going to a nightclub with a friend in Brisbane, and the people commenting: "wow, you're 30 and you're still clubbing, so cool! You don't even look 30!" haha. I had been living previously in NY and Europe, and I was blown away how some Aussies seem to think that having fun and going out is only for young people, and young = 20s. So basically anyone in any other decade of their life is supposed to stay away hidden at home for the rest of their life, haha. Not to mention that the abuse in aged care in Australia is RIFE. No respect for elders. Very sad state of the world.
Inspirational...im in my mid 50s...i dream of moving to Sicily, the birthplace of my parents to live...❤❤
I'm born in Australia and my folks were from Milan. I look online at properties for sale there and how much I'd have leftover to retire on after selling my home here plus the pension in about 7yrs I also have cousins there and I speak Italian reasonably well.
I earn remotely so I can afford to retire soon, I am thinking Italy 🇮🇹 or 🇪🇸 but I still have 15 countries on my wishlist after having visited 9 already
Nice, how do you earn remotely?
I have lived in 3 countries my entire life, USA Canada and the Netherlands heading towards retirement now
I earn from Forex trading, been in and out the market but stable for the past 2 years, I also grew up in Florida
How is everyone earning remotely while I'm still doing 3 jobs 😅, I need a way out, please how do I start
Trading isn’t really easy so I employ the expertise of a pro Benjamin ravies, grateful for that
Benjamin ravies
That's his Gmai okay
What a lovely interview! I think I'll move to Spain.
I did love this interview , was so adorable and respected
As a person born in Australia in the 1960s I can see what's happen to our wonderful country because of the WEF and our Freedoms, our treated and cost of living in Australia 🇦🇺 Pray for Australia 🙏
Yes, but the woman lives on Australian pension not Spanish
@@elizabethmatraszek630 she earned it mate and she would have loved to stay but she is not stupid 😂
It is up to her as to where she spends her Pension Money Good on her for going to some place where she will be able to have a decent lifestyle.😊
@@glenngriffon8203 You don't understand. It is not that over there is better. She is living on Australian money that allowe her to have good life. If she would live on Spanish pension she wouldn't have better life. She would struggle for existence. She should appreciate Australia
@@elizabethmatraszek630 The AUD is a third world currency. Try living off it overseas when all the other expats have a much higher currency, when you buy anything they are receiving much more value. You have to have been an expat to understand that AUD is a very disadvantaged currency. It is not easy to live off overseas especially compared to almost all other Western currencies.
Love this, it’s exactly what I want to do but I can’t convince my husband it’s infuriating. I was looking at Portugal but think Spain is better as there have been some changes in Portugal. Quality of life would be so much better. Well done Nora for taking a leap of faith to live a better life in Spain I think you are a wonderful lady❤
What an inspiring story! Totally agree with this lady, I lived in Spain many years ago when I was in my early twenties. It has left a lasting impression on me and now I am approaching retirement, I am drawn to returning to Spain to escape Britain
I’m so happy Nora made the decision to move….it gives us hope…..such a heart warming story….thank you ❤
Wow - I thought you couldn't take a pension overseas if Australian. This was a great show. What a lovely woman Norah is - good on her.
Glad we could help share Norah's knowledge and story!
@@7news how old was that story please and do the numbers still add up?
Yes you can take your pension overseas 👍
@@anthonyburton2569no, there is restrictions on taking pension overseas. the show didn't mention it but the government imposes reductions if you live overseas for long term
I am 55, active, single and even I am planning for where to settle in the next few years.... just looking up houses in this town, amazing..... Ive been looking at houses in small towns that need work that are 200k to 300k, and I can buy in Spain the same for 20K eu, 30k aus, crazy, and they accept my staff / weiller....... love it... cheers for that heads up
although you'll have to wait until your a set funded retiree or a recipient of a pension before you'd get a visa though. Or a digital nomad.
You should go to Sicily Italy, some smaller towns, having many abandoned houses and the councils ,just trying to populates those places again, just for 1 euro payment. If you are handyman, will becomes more easy to restore, whatever house you like. They are beautiful little towns and many of them staterd to becomes smaller global communities . 7:29 7:30
@@MarleneMeridian You have to have about 300K in savings to go there, so not for the poorer
Can you suggest any nice towns/ areas for that price?
@@louisewatson3129 That much ? Are you should? In Spain Valencia, also north Andalucia.
I love Spain. Beautiful cities, great food and culture.
It really is!
I hear Portugal is exactly the same as Spain and is popular with Expatriates.
What a wonderful person, proving that creative people are resourceful and adaptable and so they age very well.
I realise Norah is a gallery owner curator and not an artist per se, but that's not the point. She has surrounded herself with vibrancy and creativity and knows how to bring the best out in people.
What a nice lady and I love her comments on the reality of life in Spain. She says learn the language. She’s so right. Good for her!
If she reads this, may I encourage her to visit the Rias Baixas in the summer to take the cool waters of the Atlantic or the salty ones of the Ria Arousa. A perfect refuge
Language is very important point to live somewhere.
I would retire overseas as well along with my wife, she plans to retire with me at a young age around 42 years old. We don't have house here in Australia, but overseas we can have a modest house of just 60K. My pension alone would make me live like a king, I'm excited, but of course I'm still gonna miss Australia because all my family lives here. But you know we all have different situations, I'm a late bloomer I just recently thought about saving, and just started investing. My financial advisor said I'm gonna be alright with nearly 1 million in savings including my superannuation, excluding my investments. This story gives me more confidence to retire at 60 years old overseas. Thank you that i found this story, it helps a lot to lessen my worries, and doubt retiring overseas. I feel like Australia has become a rich only people country, the cost of living is way over peoples budget, and Australians feels like they have been stab in the back by the government. That's all i wanna say.
Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k.
This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha.
Its unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $287k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
The advisor that guides me is Sharon Ann Meny, most likely the internet is where to find her basic info, just search her name. She's established.
@@hasede-lg9hj Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
It may be hard for you to comprehend but some people have worked bloody hard their entire life and then due to illness in family or themselves they have to rely mainly on state benefits.
Don't be jealous it isn't exactly
'living it up'
After working for almost 50 years
The UK is not as Great as it could be.
We do need to put the GREAT back into GREAT BRITAIN
🤷♀️
She reminds me of Mrs doubtfire
Hehe I was thinking Mrs Bucket
This is a very funny observation and, yes, I agree. Notice this woman has said NOTHING about health-care in Spain or "the migrants"!!
@@suesmith2183 She talked about health care .She did but you were not listening .
She looks quite good for her age.
yes, Mrs doubtfire
I'm Lucia from Palma I retired at 53 thanks to my husband . It wouldn't have been possible without his company stock plan because it far exceeded the 401k we both have. He is six years older than me and was sick of the day to day grind but we had no clue if our savings and investments would be sufficient, we finally went to a financial management meeting and we make all decisions for a profitable Investment and prepared a plan for our early retirement. We should have done that years ago but never considered that we might ever have enough to retire early and I thank God and my husband for the ability to do investment . We are now financially stable with everything paid for and we have a good health insurance ! Don't wait time is something we have in short supply and no amount of money will buy you more, I pray that anyone who reads and held to these words will be successful in life too 🙏🙏🙏
Amen, you've remind me of what someone once said "The mind is the man, the poor is in it and the rich is it too". This sentence is the secret of most successful investors. I once attended similar and ever since then been waxing strong financially, and i most tell you the truth..investment is the key that can secure your family future.
Starting early is the best way of getting ahead to build wealth, investing remains a priority. I learnt from my last year's experience, i am able to build a suitable life because I invested early ahead this time
I agree with you had a senior colleague at work who was doing well but never had an investment. Unfortunately he lost his job and went from living a comfortable life to hardship. There would had been something to fall back on if he had an investment
That's why I always urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted,i became more better the moment i realized this.
yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too
The courage to relocate and start a new life in older age and in another continent is so inspiring. I love her spirit. ❤
Great on her , she had the courage and made the efforts to learn a new language and culture , it keeps her young in mind and spirit..i am French from the south of France, very Latin culture too , after 38 years in Australia but i must alas admit that ìf Australia is still a great opportunity for young people,but when you retired and alone , it is very isolated for single retired woman , you become invisible,not a critique just my personal observation and opinion , and Many Australian family are spread out so far from each others that old single people are often alone, for exemple flying to perth from Brisbane , return can be as expensive that flying to Europe . Be aware that Spain , like France, each area , each part of spain are very differents from each others ,and maybe some parts are not so "assertive " as this person finds, as Spain has a history the last century of political opression under Franco dictatorship , so older people maybe alas had to keep their opinion for themselves and not revolt , and some others parts were very conservative and catholic, BUT the younger generation of Spanish people are very assertive ...for me, being French, i find Australian people" not so "assertive 😅, but then, i come from a culture of very opinionated and assertive people ( to say the least 😅😅.. ) well no flying to France atm , all airline on strike, and last months it was the trains 😂😂...i wish her the best , she has a great positive attitude ..
Many years ago the first day I arrived in London upon hearing my Australian accent a French farmer abused me for Australia's agricultural exports policy! Like I set the policy! He was so rude. There's assertiveness and there's plain rudeness. This happened in 1986 and I've never forgotten it.
Hello, how are you doing?
Coucou Catherine, vous habitez a Brisbane? Je suis francaise/australienne, ma mere (aussi Catherine) est de Paris, mais elle vit en Australie depuis 40 ans. C'est possible que vous vous connaissiez deja peut etre?? haha. J'ai quitté l'Australie il y a presque 6 ans maintenant et depuis que je suis en Espagne (apart covid) j'ai eu une meuilleur qualité de vie et un travail stable, que je n'avais pas en Australie pendant beaucoup d'années. And yes you are right, French are much more assertive than Aussies, by far! haha. And also it is true that older people are very alone in Australia versus in Europe (I can only speak for Mediterranean countries) people spend a lot of time with them.
I learned through this video that our elders here in the USA are treated very similarly, as well as, social status... education, dwelling location/size, etc. Thank you for sharing and for your kind candor.
Just Wow. She really did her homework.
What a lovely woman and inspiration to all. I live in the US for over 50 yrs now, but lived in Madrid when I was a teenager and what she says is so true, when you live in Spain and leave, Spain never leaves your heart, it has stayed with me through all my life; it is so, that I have traveled to Spain many times and everytime it breaks my heart to leave it behind. I am retired and have researched and still are, on looking for different ways, of at least to live in Spain for at least 6 months a year. I have children and grandchildren, which is the reason why a full move would probably be more difficult, but OMG!! Norah has given me that push and spark to take a step a little bit closer. I was born in Cuba, so Spanish is my primary language and I am fluent in English which throughout the years has become more of my primary language, regardless, language would not be a problem for me nor the style of life, because it is in my DNA. My fraternal grandparents were from Spain and my maternal from France, so there you have it. Thank you for this wonderful story and I wish Norah much health and the best, what a wonderful woman. I wish I could speak with her or communicate with her, is that even possible? If this is something that is viable, I would like to have a consent and information to communicate. ❤❤❤
As a 35 year old I really found Norah’s story inspiring it’s hard for young people in australia with the cost of living that it is good to think about other options for your old age 😊
Definitely worth thinking about. That's why I left Australia 6 years ago in my 30s, and now I'm 40s. I currently rent, but have a massive apartment in a trendy part of town with views, something I could never afford in Australia. My goal is to eventually buy myself one of these cheaper houses in the 20-40k range, near mountains and/or the beach, so I can always no matter what happens have a roof that belongs to me. A roof is definitely something that no one needs to worry about in old age. A house was never something that I could achieve in Australia, so I didn't ever bother trying. However, in Europe, it's not only possible but it's a very realistic goal.
@@TheMightyAbs She's not leaching. She's worked hard her whole life and paid her taxes as well, so she's just as entitled to an aged pension as any other Australian... Regardless of where she's living for her retirement 👍
I am 36 but I think I’m gonna start learning Spanish! Amazing
You can do it! Norah is such an inspiration.
This woman is smart. My mum is on a pension and all her money goes to rent and bills. She has no quality of life. I do what I can to help her, but I am in the same boat with my wages.
She had super. This woman is not a poor aged pensioner. She was someone who had lots of choices.
@@roseannebyrne7233yes, she was luckier than most.
@@roseannebyrne7233 All her super was spent on buying and renovating the house she lives in. About 100Ks. I live in SA, small rural city, and there is nothing here to buy for that money. Even old weatherboard houses are around 200Ks.
@@amiragerina5070 Wow ! Her decision was better than paying rent in Au
@@roseannebyrne7233 Logistic expenses from A - S perhaps one or two containers, legal fees, restoration costs not to mention house purchase, business class flight if not first class. As you said, lots of choices.
I loved this interview and could have watched and listened all day. The way you have immersed yourself into the culture and life and made friends. Love the house. Thank you so much for sharing - Paul from England. p.s. get your friends to send you your favourite toothpaste 😄
I knew I can't afford to retire in my home country of Australia, but this just confirms it! I could afford to retire in Thailand at 50! But I'll need to look into Spain! Yearly trips to France, Italy, Croatia and Greece sounds appealing too!
Yes that’s a huge benefit you can hop on a train and visit other countries and beautiful cities. No enormous airfares to get somewhere else.❤️
Apparently Thailand has been changing visa rules, making it more complicated and uncertain. So EU might be a better option. Also, climate change is negatively affecting south Asia with increased heatwaves.
@@nicktw8688climate change is impacting Spain too. Record heat impacting olive oil production. I’d pick somewhere out of flood zone and accessible to sea breeze with long term water security
I am heading towards retirement and facing exactly the same problems. I have decided my retirement will not be in Australia. I want to live with dignity.
Well done Norah, I’m with you, enjoy retirement, you deserve it ☀️🙏
These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
I completely agree; I am over 40 years old, recently retired, and have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?
‘Vivian Carol Gioia is the licensed advisor I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
What a story, it's truly inspiring. Her journey, it's like a reminder to us all, that no matter where we are in life, there's always room for adventure, for taking risks. She's proof that it's never too late to chase our dreams, to live life on our own terms.
I so admire this woman for learning the local language and actively integrating herself with the local community instead of remaining sequestered with only other English speaking expats--all this in addition to even making the big move!!! For those who argue that she's abusing the Australian pension system by not "repaying it" by still putting money into the Australian economy, I did hear her say she kept putting all her money into her self-employed art gallery business. Self-employment is not easy. She did a job that brought her joy, brought others joy. I don't believe people should have to work at higher-paying jobs they are miserable in to self-.fund retirement. That doesn't seem right either. If you are miserable in your job, you probably won't survive into retirement. And she's leaving her foreign home to the art community back in Australia so in a way she is contributing to the Australian economy for long after she leaves this world! Way to go Nora! My hat's off to you.
My absolute favourite video to watch! Nora is a beautiful lady & courageous. I would be great friends with her if I lived nearby. She has such an honest & friendly demeanour ❤
Love this lady and her honesty! I too am single and retired but I still support my 32 year old autistic son. God made other plans for me.
God bless you lovely lady.
You can live very well teaching English as a second language in many countries. It only takes about 3 months to get the certification. You would be able to support yourself and your son. I made on average $20/hr doing this with my 6 kids in the Czech Republic.
What an inspiration. Lovely lady. Enjoying life to the full.
Fantastic!! I loved living in Spain!! Out of over 150 nations I’ve been it’s one of the top 3
over 150 !!!
😊😊😊 very smart woman. You deserve and choose to be happy. Congratulations 🥂
Hello, how are you doing?
" the sound of magpies " Got me emotional ❤
Bitter/sweet story. Wish you the best !!!
What a charming elegant, classy lady that talks much sense. We are an Italian family living in Costa Del Sol and Italy. We adore both countries.
Such a lovely story and I admire her conviction to wanting a quality life and doing whatever is necessary to get it. I applaud her decision and others like her who put quality before quantity. Bravo!
There are British retirees living in Serbia. They are happier than there than they would have been in Britain. Life is easy and inexpensive. Their stories are also on CZcams
This lady its like you could becomes friends with her straightaway. I wanted to buy a second home there few years back then brexit came and changed my mind as i couldn't make up my mind to move completely from the UK. She is really brave especially on your own. Seeing you have alot of visitors get them to bring your favourite toothpaste.
Excellent documentary. As an American living retired in Mexico, I enjoyed this honest presentation of life abroad.
Wonderful interview. I have been looking at retirement in Spain from US for many of the same reasons. Thank you for such a comprehensive overview.
Love that she can do all she wants in her retirement in Spain.
Norah, I'm inspired by your bravery and adventurousness!
So happy for you. Sydney cost of living is exorbitant.
Clearly, she doesn't have any children or grandchildren so had nothing to lose so good for her, living her best life and thriving.
Yeah I don't know if I could leave my kids. Sounds lovely, and something to aim for in 20 years but leaving my kids would be too hard 😔
@@emmaphillips3847 yeah, it does sound lovely but at the same time if I had to pick between living my best life in Europe or having children I know which one I would pick. If only the cost of living was made more affordable for retirees.
I absolutely agree, if your going to live in another country learn the language and get to know the locals and their culture.
God Bless you Nora Beautiful woman deserves this Twilight Life ❣️
Hello, how are you doing?
21:13 we get so ripped off in Australia for private health insurance! You pay heaps and still have out of pockets. I know, I used to work in this industry. The Spanish system seems fair, you pay and you have no out of packet. That’s how it should be.
What a lovely Aussie lady, someone that Australians at home can be proud off. It’s a pity so many Australians find the cost of living here so unbelievable high, causing the stranded of living dropping lower and lower, this shouldn’t be happening.
I think you are a very wise, courageous and beautiful woman. thanks for sharing your story.
Beautiful!! What a wonderful interviewer and interviewee! Every single part of this interview was absolutely superb!! *Chef's kiss*
I am certain that I will not be retiring in the U.S. This is giving me such hope.
Nora's story is my story, too, except I move from the US to Ecuador about a week ago and am renting instead of buying. Best of luck to you, Nora!
Lovely interview... I retired to Panama from the US and share many of her sentiments. Congratulations on finding your home abroad.
What an inspiration Nora is. Thank you for such a interesting documentary about a fascinating woman.
Loved this interview! Comprehensive and well thought out. Both ladies phenomenally addressed the important issues head on. Much appreciated.
Thank you for such a transparent video from both ladies.
Nora I congratulate you for your so brilliant 👏
Spain is the country I was born
I live the for 33 years now I'm here end Australia 🇦🇺 I live here for 38 years I'm from Granada very close to Jaen
I wish you all the very best
You are very brave ❤️ 👏
Australia has become ridiculously expensive. We Spend 30 years paying off a million house mortgage for an average house. Everything is expensive!! Moving abroad is a great idea!
It's what I did! I was struggling too much in Australia, I realized a house was not something that would be a possibility/reality for me. I can now literally buy a nice house in a warm part of Europe for 20-40k (similar weather to where I lived in Australia) for a tiny fraction of the price of a very average million dollar house/apartment in Australia. The only home owners left in Australia in this generation are Chinese and Saudi rich kids on student visas, haha. Moving abroad gave me a better standard of living that's 100 percent true.
This was a motivational video. Thank you Norah. Would love to meet you one day.
I think this is a fabulous interview...Thank you Norah for being so full & frank. Viva la buena vide!
super informative video, and so refreshing to find such a genuine women who has followed her instinct and intelligence and come out shining BRAVA
Norah, thank you for sharing your story. You are such an inspiring independent woman. Sounds like the perfect place to retire. All the best on your life journey.
What an interesting woman. I love the legacy she’s planning on leaving for the art world she loved ❤
Bravo you! In the same situation central USA! Being a senior can be a rip if you don't have much! You can do so much better in Spain, Italy or Portugal. I've been online for over 5 years looking at real estate for when I am ready to retire (soon now) and make a move! Scary and so very exciting! Very happy for this lady. WTG! Absolutely wonderful. Such a nice home, as well!!!!!
WHAT AN AMAZING WOMAN and a wonderful story. Educational on a number of levels
Lovely honest lady. I want to move back to Spain
Good on her for being brave and taking an alternative option ❤
I absolutley loved this, and love this lady. Very inspiring, And I agree with all the positive and encouraging comments below. Go Nora. And all the other commentors with the same intentions.
One very smart lady. I cannot see myself retiring in NZ cos it's even more expensive here and wages lower than Oz.
I'm Spanish in Costa Blanca , if anyone is moving in the area and needs any help with the language or any other issues , I would be glad to help. Welcome to Spain.
Love this! This is exactly what I want to do as well. Very inspirational Nora and I wish you all the very best. Enhorabuena 🎉
What a lovely and inspirational woman.
Her description to living abroad is very true and by some of the comments its living proof about lack of empathy from the ignorant comments.