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 funds that should go to my children when I die? Is it a good financial decision?

Firstly, if you are 55 or over you are not too young for Retirement Village Living.

The majority of Retirement Village residents will tell you that they wish they had of made the move earlier. Oh, by the way, you don’t even have to be retired!

Secondly, you deserve the opportunity to look after yourself in the latter part of your life.

You’ve done all the hard work raising your family and it is time for your reward. The children should be able to look after themselves!

Thirdly, is it the best move from a financial perspective? The answer is yes and no! If your desire is for a high rate of return on the capital you invest then the answer is probably no as there will no doubt be better investment options available. However, if you are looking for a safe, secure and comfortable lifestyle with fixed monthly costs, no “out of the blue” expenses and the opportunity for solid capital gain, then the answer is probably yes.

One thing is for sure, you will receive lots of advice, often lots of negativity and all usually provided by people, some well-meaning, who have little knowledge of Retirement Villages and how they work.

Your children will want you to stay in the family home that they know and love, they’ll probably have concerns about their inheritance and your Financial Planner or Accountant might offer lots of reasons why moving to a Retirement Village is not a good financial decision.

However, in the end, it should come down to what’s right for you and there is no doubt that the safety, security and sense of community that a Retirement Village offers will justify your decision to make a “Lifestyle Investment”.

If you would like to know the facts about Retirement Living at Hume Retirement Resort Albury/Wodonga call Kelvin Gilder on (02) 60258409 or email sales@humeretirementresort.com.au