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 […]
Understanding the Loan/Lease Retirement Village Model
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 […]
WHAT YOU SHOULD LOOK FOR IN A RETIREMENT HOME
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 […]
RETIREMENT LIVING OPTIONS – LAND LEASE V LOAN LEASE
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 […]
THE COSTS ASSOCIATED WITH RETIREMENT LIVING
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 […]
When Should You Move to Retirement Living?
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 […]
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 […]
Downsizing for Retirement Living
I know. The mere thought of packing up your belongings is enough to give you a headache. Not to mention the emotional trauma of leaving the family home, that you’ve probably lived in for many years. But you’ve made the right decision, and now you’re looking forward to the beginning of the rest of your […]
Calling all Sydney based retirees: should you go village, resort or downsize?
Sydney based retirees are demanding a lot more from their retirement living options – and Albury based Hume Retirement Resort (HRR) are working overtime to ensure all their wishes are being met… “We believe we offer Albury’s best lifestyle for the over 55s, either retired or still working and we know you’ll agree once you’ve […]