All we had to last us the next 30-plus years was our meagre life savings, accumulated superannuation and the proceeds of the sale of our assets in Australia. As we did not plan to be in Australia when we came of age to access our Australian Government Pension, it could not be part of our financial calculations. (We are not at retirement age as yet—Vivien’s 53 and I’m 58.)
Twenty years ago, Jim Knight discovered an exotic tropical paradise in Southeast Asia. He fell in love with the sights and sounds of Thailand. During regular holidays, Jim continued to be charmed by the Thai culture and way of life; things like how politeness and respect are ingrained into every aspect of the Thai language and communication.
An inexpensive cost of living, tropical sunshine, white sandy beaches and friendly people…everyone has their reasons for moving to Thailand. For my wife Nancy and I, retiring here a couple of years ago was a no-brainer. I had just finished off my teaching career with a six-year stint at a large international school in China. Southeast Asia was a lot closer, hotter and less expensive than Canada, my home country. But the largest draw for us was the high-quality urban lifestyle available at low prices.
My wife, Valerie, and I retired in February this year. With a new life in mind, we flew AirAsia from our home on the Gold Coast, via Kuala Lumpur, to Chiang Mai in Northern Thailand. We had come to this decision after realising that we were bored of the same-old-same-old in Australia. Plus, Australia is getting just too expensive for retirees. So, we took the plunge. We sold all of our assets and placed our personal belongings in storage. I am too young to receive a pension. However, by living in Chiang Mai, we can afford to live a financially independent life.