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Where do you see yourself Retiring?

February 10th 2009 02:43
Perhaps you feel you would prefer the security of a close knit community such as a retirement village in which to spend your senior years.

In Australia there are many retirement villages throughout the country offering a diverse range of choice in types of accommodation such as architectually designed homes, villas, condominiums and serviced apartments.

Before you make your final decision why not take advantage of the trial stay before you buy option offered to seniors by selected retirement villages. Such villages usually provide a serviced apartment for you to live in free of charge for one or two weeks. During this trial period you will discover the benefits and highlights of residing in a serviced apartment within a retirement village if you decide to go ahead and make this your choice for your retirement living. Most serviced apartments offer:


weekly cleaning and laundering of linen;
three nutritious and tasty meals;
access to all that the village has to offer such as a range of activities and social events;
an onsite nurse available if the need arises; and
a 24 hour emergency call system.

Even if you are not ready for a serviced apartment, taking advantage of the trial stay before you buy option will give you some indication of what to expect within a specifc retirement village.

Retirement village living can be quite complex and before you make a commitment to such a move it would be in your best interests to seek specific legal and financial advice from a reputable, experienced, independent and qualified adviser who is familiar with and understands your particular financial situation.

You need to take into account the entry price, the ongoing service charges and the exit fees if you decide to move out. Remember you will still need to have sufficient money to live on from day to day in addition to all other costs involved with living in a retirement village.


If you seek the companionship of your peers and enjoy an active social life then a retirement village might just be the ticket. The security and convenience can be very reassuring knowing you are not isolated or on your own.
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