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100 Leading Lifestyles

106 Worldly and Wise

Well educated, inner suburb, older households, typically live in an expensive separate house which they own.

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Well educated, inner suburb, older households, typically live in an expensive separate house which they own.

106 Worldly and Wise

Well educated, inner suburb, older households, typically live in an expensive separate house which they own.

  • Population376k
  • % of Population1.9%
  • Household Income$134k

Walk With Me

Summary

Socially conscious, charitable, curious and multicultural, Worldly and Wise would rather travel than work. After a day in the CBD office and a bus or train home, these well-educated managerial and administrative executives kick off their shiny shoes and shrug off the work day with an imported beer. They are not tied to or defined by their careers, but instead work hard to afford a superior lifestyle after-hours and in retirement, with money left over for their children’s education and house deposits.

Walk with Me

It’s good being in a position where I can retire whenever I choose—but there’s no rush. To be honest, we haven’t ever allowed work get in the way of lifestyle.

Over the years, I reckon we’ve knocked off just about every country in Europe—we even took a detour a few years back just to drive through Andorra. Had lunch, kept going. The last few years my wife Margaret and I have been doing a lot of Asia. After we got back from Hanoi last year I spent a good fortnight tracking down the best bunh cha back here in Melbourne. Margaret says that’s because I still can’t say pho.

The kids think we’re mad, of course. Think we should hurry up and retire. I say ‘kids’—what are they: 35 and 37? Both married, one has kids. I think the eldest, Kate, was expecting us to be chomping at the bit to look after the little ones when she went back to work – sorry, love: no can do. Besides, we managed okay without all the help they seem to take for granted nowadays.

Of course we’ve helped them out over the years. We’ve managed to build up a pretty good nest egg – just not ready to crack it yet. Who knows, couple more years we might just take it all, sell the house, pack a bag and never come back. 

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