The three types of retirement for the Baby Boomers
This is the first generation of retirees to have witnessed their parents grow old. This generation of retirees also has more money than ever before. Mid-50’s Boomers have seen a 14% wealth increase ($153,335) with their wealth rising since 2012 from $1.086 million to $1.24…
Volunteer: Do you or do you know anyone who wants to make a person in residential aged care smile?
Volunteers have been the backbone of the residential aged care sector but since the arrival of COVID-19, they have dropped away significantly. Peak body Volunteering Australia said in its Aged Care Census 2020, there were 11,980 volunteers in residential aged care (a decline of 49%…
Why we decided to move into a retirement village
“The thing about life is that as your kids get older so do you, however, it seems at a much quicker pace,” said Roger Pallant. He had been working 9am to 5pm in Melbourne, with two hours commuting each way in unpredictable weather. “It starts…
Age Pension, Disability Support Pension and Carer Payment to rise on 20 March
Around five million people will receive a boost to their social security payments when indexation takes effect next Wednesday. Those receiving Age Pension, Disability Support Pension and Carer Payment will receive an increase of $19.60 a fortnight for singles and $29.40 a fortnight for couples…
Shared Care: why it could change entering a retirement village
Cam Holland, CEO of one of Australia’s largest retirement village operators Ryman Healthcare, is leading a push to deliver more care into retirement villages – one that could help you to age in place for longer. The Retirement Living Council (RLC) has put forward a…
Is this the new Twister? Research shows this ‘smartstep’ could prevent falls as we age
A large, randomised control trial conducted by a team of researchers from Neuroscience Research Australia (NeuRA) and UNSW Sydney researchers has found at-home gamified step exercises are effective at preventing falls in people over the age of 65, reducing the number of falls by 26%…
Planning ahead is vital as you approach retirement age
As you get closer to retirement, it is advisable that you start planning for a successful transition. It is important to think about your money and assets and forging a new routine. At Villages, we often see that people are unprepared for life after work….
Shingles Awareness Week: Nearly everyone aged over 50 carries the inactive virus that causes shingles
Shingles can be a painful and potentially debilitating condition – just ask newsreader Deborah Knight, who is 51. “It started as searing pain in my lower back, and then a weird sensation on my face, around my mouth, it felt as though I had a…
Why a retirement village? “After he died, I felt very cut off from like-minded people”
Like many married people, Ann Symes (pictured right) had never thought about living on her own. “We lived in Pooraka [12km north of Adelaide CBD] until my husband got very ill,” said Ann. “He was diagnosed with cancer. My daughter had a massive house with…
The heat is on: retirement villages get competitive
Life in a retirement village offers plenty of fun – just ask the residents at these South Australian villages. It was in 2022 when the village managers of what is now Keyton’s Townsend Park, Trinity Green, Elliot Gardens, and Vermont Estate communities across South Australia…