Why buy into a Retirement Village?
Wouldn’t you be better off financially if you remained in the general community and watched the value of your home increase over the years? Quite possibly, but to what purpose? So that your children can receive a larger inheritance when you die? Whilst a number of Retirement Villages perform quite reasonably, in a financial sense […]
Retirement Living And The Family
We all know what a big decision it is to “up traps” from the family home and move into a Retirement Village. We also know that a lot of people, particularly members of your family, will have opinions and comments they will want to air. Many of these comments may be negative as in the […]
Deferred Management or Exit Fees
Probably the most talked about, and most misunderstood issue when considering a move to a Retirement Village, is the Deferred Management Fee (DMF). Unfortunately, it is also quite often the reason that many older Australians finish up making the wrong decision in regard to accommodation for their latter years. There is no denying that a […]
Some simple tips for a happy and financially secure retirement
Keeping fit and healthy and making the right mental adjustments will ensure a smooth transition into a happy and secure retirement. Make the most out of your new-found free time and enjoy the journey as well as the destination. Ensure a smoother transition by retiring in stages By easing off your workload over several […]
Memory loss, dementia and your money
Most of us will have some memory loss as we age. However, for some people, significant memory loss, arising from illnesses such as dementia, can be a problem. When it gets to the point where you are struggling to manage your finances it’s important to put some safeguards in place. In this Blog we explain […]