Quote Originally Posted by Roger View Post
Yeap that's a given mate. Just pointing out there are other ways to skin the retirement cat. Some people are reaching retirement age with very little in the way of invested funds, (hopefully nobody on here).
If they sold their average Auckland home for say $900K and bought a retirement unit in this village for say $75K that would give them some nice options for enjoying their retirement years wouldn't it !
Dirt cheap in Auck is different to dirt cheap in Wairarapa. If you have always lived in Auckland, would you want to move to the Wairarapa, where you may have no family? Economic refugees tend to be younger people.