Retiring in Spain: No debt, no worries | Aussie's inspiring story

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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[dianatalevska]

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

[matthewlindsay]

The confidence that comes from a self sufficient elderly person is beautiful

[Reina]

I absolutely love your attitude. Also, your courage to move to a new place far far away from your home. I am 72 years old and I have moved 28 times with the US Navy and I just want to stay in one place. I think I found it but after listening to you perhaps I’m ready for an adventure. I’d love to come visit.😂

[sheldongardner]

At 54, my wife and I are worried about our future due to soaring gas and food prices. Our savings are dwindling, and we're struggling to get ahead. Sympathies to those retiring now, after 30 years of work, only to have the system erode their hard-earned savings.

[ralphede]

"I didnt feel brave. I just knew this was something i had to do". Good for you Nora and God bless.

[pedrofernandezmiguel]

Andalucia is a very good place to retired people. All australians are welcome. Málaga province is fantástic.

[DGsa]

She looks SO happy and full of life. Bless your journey

[brakaponter]

As a Spaniard living in Madrid, wishing this lady the best of the best here in our country.

[Joe-pxnt]

Since retiring three years ago, I’ve noticed how much my goals have changed, which I think is something most retirees can relate to. In our younger years, we chase success and experiences, but once we reach a certain stage, it’s financial security and health that really take over. Looking back, I don’t regret the fast-paced years of work and life, but I see now how critical it was to build a solid foundation when you're employable. Without that, retirement could easily become a struggle, especially with inflation making things even tighter these days. Moving out of the city to stretch my savings has been a big part of this shift, and it’s made me realize how important it is to work smart when you're younger because once you reach this stage, your needs and priorities will look very different

[zina]

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.

[cherylmcinnes]

I’m a 72 yo woman just returned from a holiday in Spain and i can confirm everything this woman says. The cost of living is super cheap in Spain and the standard of living is good. I have family here in Australia and would never live anywhere else, but if my circumstances were different, Spain is where I’d go. Great program, thank you for doing this story.

[christyavalos]

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.

[bobbiejay]

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.

[tatianastarcic]

I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?

[ej]

Very smart, well educated lady made some sensible decisions and is enjoying the rewards. Good for her!

[caseybills]

So far I'm doing good, approaching retirement with about 800k in savings. Transitioning from building wealth to spending can be scary, especially with soaring inflation. My question is, after maxing out my tax-advantaged retirement accounts, what next?

[tracymorgan]

This young lady is a great interviewer. I wish the best in her career.

[teamariastyle]

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☺️🩷

[tasmangirl]

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 .

[drissaudia]

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.