If you are at the stage where you are seriously thinking about a move to a Retirement Village you will no doubt have some doubts about whether such a move will be right for you. You’ll be asking yourself things like – Am I still too young for a Retirement Village? Would I be wasting [...]
At Hume Retirement Resort we are confident that we can not only provide a fantastic lifestyle but we can guarantee it will be a whole lot cheaper than living in the general residential community. As you can see in the table below, the recurrent charge in our village covers a lot of the things you [...]
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 [...]
The Loan/Lease model is utilised by probably 80% of Retirement Villages in Australia including Hume Retirement Resort (HRR) and there is a good reason for that. It provides for a mutual benefit whereby residents can enjoy a higher standard of living in retirement than they would normally be able to afford and owners can adequately [...]
A move to Retirement Village Living is a big decision and let’s face it, it will most likely be one of the last major decisions you will make in regard to your accommodation. So you need to get it right in order to enjoy a safe, secure and comfortable lifestyle as you age. Here are [...]
When you are looking to downsize and make a move to Retirement Living you need to be sure you make the right choice so as your latter years will be as comfortable and enjoyable as possible. So let’s have a look at two of the major options in a little more detail. LAND LEASE: With [...]
There is no doubt that many people considering moving to a Retirement Village are absolutely bamboozled by the financial model that is usually employed. This can create uncertainty, suspicion, and procrastination. Worse still, it often means that people finish up committing to other forms of accommodation that ultimately prove unsatisfactory as they age. This might [...]
It’s the old “how long is a piece of string” question. Everyone and every circumstance is different. What is without question though is the fact that most people that do make the move will say; “I wish we had of done this sooner”! There is no doubt that making the move earlier rather than later [...]
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 [...]
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 [...]
