Many in retirement are travelling comfortably, with three key factors contributing to their happiness – good physical and mental health and enough money to enjoy life.
Perhaps the assumption that markets are still anchored by predictable economic policies needs to be challenged. For the first time since the fall of the Berlin Wall, political volatility – once background noise – is potentially reshaping investment risk at a structural level.
Peninsula boasts regional tranquillity with easy access to city amenities
For people considering a lifestyle change in retirement, there is a staggering range of locations to consider. One of the most popular is Victoria’s Mornington Peninsula. This is a picturesque region in the southeastern corner of the state with a thriving retiree community, its popularity with seniors is for reasons that go well beyond simply being a beautiful part of the world.
Of course, one of the most popular reasons for retiring there is the natural beauty. The peninsula boasts a breathtaking coastline that stretches along Port Phillip Bay and out to Bass Strait. With its pristine beaches, seaside villages and panoramic ocean views, the region provides a serene and idyllic setting for retirement regardless of what part of it you live in.
This coastal lifestyle also makes it easy to be active in retirement, with many walking tracks, swimming options and other outdoor activities that take full advantage of the mild climate.
Despite its laid-back atmosphere, the peninsula has a vibrant cultural scene that caters to various interests. The area is packed with art galleries, theatres and is regularly the host for music festivals. For those that like their culture a little more natural there are also plenty of gardens and outdoor markets to put on the calendar.
One of the great joys of retirement is the ability to fully enjoy the restaurant scene. For those who appreciate fine dining and fresh, locally sourced produce, the peninsula is a culinary haven. There are plenty of wineries, boutique breweries and restaurants to visit, all serving delicious cuisine. Furthermore, there is plenty of cultural variety for people that enjoy different flavours, as the peninsula also has a vibrant community of migrants from across the world.
Because the peninsula has supported a large senior citizen community for many years, it has all the infrastructure that it needs to support their wellness objectives. In addition to plenty of light exercise options, ranging from walks and swimming to golf and tennis, the region has plenty of spas, yoga and Pilates studios and community groups that help facilitate exercise for senior citizens.
One of the risks when moving to regional Australia is the healthcare standards do drop off outside of the main cities. Thankfully, this is not a concern with the peninsula because it is only a short trip to Melbourne and the additional healthcare infrastructure when you need to see specialists or organise for an operation.
Beyond that, the city makes for an excellent day trip, with plenty of transport options to get there, meaning that you can enjoy all the cultural and retail advantages that Melbourne offers without having to live in the city itself.
Finally, for people who are thinking about the time when they can no longer live fully independently, the peninsula is home to several high-quality retirement communities that are tailored to the needs and preferences of seniors.
These communities often offer a range of amenities, including communal spaces, social activities and healthcare services, fostering a sense of belonging and providing retirees with the opportunity to form lasting friendships while also providing medical care when needed.
Overall, the peninsula stands out as an excellent choice for retirement, offering a perfect blend of coastal tranquillity, cultural richness and a healthy lifestyle. Very few retirees move to the peninsula and end up regretting the decision, but if you’re still unsure whether it’s right for you, there are plenty of lovely bed and breakfasts that you can use as a quick weekend getaway to see the region for yourself while weighting up where you might want to live.
