How to plan for retirement – well before you intend to
There are many steps that you can take to prepare for retirement. Having a financial plan is of paramount importance Julianne Parkinson, founding CEO of the Global Centre for Modern Ageing (GCMA), advises those approaching retirement to regularly assess their financial plan or consult…
Second season of ABC’s Old People’s Home for Teenagers starts on 3 October
A new group of teenagers and seniors who live in a retirement village will join forces for a feel-good intergenerational experience. This is the second series of Old People’s Home for Teenagers, and the teenagers will spend six weeks with the residents. Across six episodes,…
Over 55 and having trouble sleeping? Researchers need you
Researchers at the University of Western Australia are looking for adults aged over 55 with insomnia to take part in a new study. There is no upper age limit. Research supervisor, Dr Melissa Ree said effective insomnia treatment can help with a range of conditions….
Look who dropped into Arcadia Waters Mandurah village in WA
Arcadia Group Managing Director Roger Kwok and his enthusiastic team are always trying to create a better life for its 500-plus residents in its nine villages in Western Australia and Victoria. What better way than having the Western Australian Symphony Orchestra (WASO)’s String Quartet play…
The benefits of retirement living far more than safety and security
Most people naturally want to remain in their home, however most dwellings are not built for the needs of ageing people in mind. Retirement living can reinvigorate a person’s life and help the person maintain their health and wellbeing with age. Here are eight benefits…
With the population ageing rapidly, is it time to change the Age Pension income test?
The release of the 2023 Intergenerational Report confirms what most people already know – that Australia is ageing rapidly. The report, which forecasts what the country could look like in 40 years, believes the number of people aged 65 and over is projected to more…
People may wake up earlier as they get older
As people age, their bodies alter both internally and externally as their brain and nervous system go through natural changes. This is a major factor behind the sleep changes that come later in life, and yes, many people reaching retirement tend to wake up earlier….
Retirement living is the new option for care and support as you age
The average age of new retirement village residents has remained steady at 75 for many years. However, as the latest 2022 PwC Property Council Retirement Census shows, much is changing. The average stay in a retirement community is now nine years and 26% of existing…
One in six people in Australia is now aged 65 and over and that number is on the rise
Australia’s population is ageing due to increasing life expectancy and declining fertility rates, which will put further pressure on retirement living and land lease operators to develop more age-appropriate accommodation. Recent data, compiled by the Australian Institute of Health and Welfare (AIHW), shows that: At…
Retirement living or the kids’ inheritance? The questions you must ask yourself
Talk to any retirement village operator and they will share stories of people who have put their name on a waiting list, only for them to renege when the time comes for them to move in. The reason is always the same. The children deserve…