Considering Spending Your Retirement in a Retirement Village? Here's What to Know

Posted on: 11 May 2019


When you retire, your family home may no longer be suitable for you to live in. This is why you should start thinking about where you want to spend your old age before retirement. Have you considered moving into a retirement village? In Australia, a retirement village is the most popular retirement living option. If you're soon retiring and are wondering if moving into this type of facility is right for you, here's everything you need to know to make an informed decision. 

Choose From a Range of Accommodation Options 

If you're like many people, you may think that a retirement village is simply a boarding facility where all retirees live in the same housing units. Far from it – those who opt to live in such a facility are offered a selection of accommodation options to choose from. From serviced apartments to single-unit detached units, you have the option to choose the accommodation that suits your style of living. 

Maintain Your Independent Status

Want to enjoy the company of other like-minded individuals without giving up your independence and privacy? Moving into a retirement village offers just that – the perfect blend of independence and companionship. 

Access Vital Home Care Services

The operators or managers of retirement villages understand that some retirees may need help with some aspects of their daily living such as commuting between appointments and doing domestic chores. For this reason, they offer access to a range of home care services to cater to these needs. These optional services will cost you extra, of course.

Rental Option Available in Some Retirement Villages 

One of the most appealing things about owning a home in a retirement village is that properties often cost less to buy than equivalent homes within the same area. If you're considering selling your current home so you can buy a residential property in such a facility, you can be sure that you'll remain with some change to spend on your retirement. If you don't intend to sell off your current home, you can rent property in a retirement village. This way, you can enjoy the benefits of living in a community setting without giving up your current residence.

If you'd like to know about the retirement village option, consider visiting a few facilities near you to have your questions answered and concerned addressed. The best retirement living facility for you is the one that is capable of meeting your needs in the best way possible and at an affordable cost.