85-year-old Rudi is the best advertisement for the retirement living sector
Retirement villages are often confused with aged care homes, and at time disparaged for being segregated from the wider community. The sector can learn from this story in News Corp’s QWeekend magazine about Rudi Bianchi, who is a resident at Blue Care’s Azure Blue Carina retirement village…
Retirement living is cheaper than ever
With property prices still rising, the retirement living sector is trumpeting that its homes are comparatively cheaper now. “This week at a fabulous ECH Inc. community we launched the latest Retirement Living Census. It reveals that an average two-bedroom retirement village unit across Australia is…
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…
Can I leave a retirement village after signing the contract?
Signing the contract to move into a retirement village is a big step – so it’s important to know that there are cooling off periods in place. These depend on where you live and also on the contract being offered by the operator of your…
The benefit of having a DMF in your retirement village contract
People considering moving into retirement living will be met by the “Deferred Management Fee” for the first time in their lives. The words can be a cause of concern if they are new to you, but the use of the Deferred Management Fee (DMF) is…
If you own a home in Australia, how much do you need to retire?
As people approach retirement, thoughts and conversations can centre around how much is needed to have a comfortable lifestyle throughout their later years. Self-funded and pension-funded retirees have the same thoughts and wonder if it is better to be self-funded, or to rely on the…
What happens if a retirement living operator changes hands
If you are a resident in a retirement living facility, you have signed a contract on agreeing to be part of the village. The contract will stipulate your rights, the entry costs, the settling-in period, recurrent charges, services and facilities, alterations and additions, repairs and…
9 tips to clear that clutter gathered over the years and make the move
Most people have a lifetime of possessions and have no idea how much they have gathered until they consider moving out of the family home and into a retirement living facility. It may seem overwhelming but it isn’t. Make a plan Group your objects into…
How will life change in a retirement village?
Making a move into retirement living is rarely straightforward, however beneficial it may be. What will the village be like? Will I fit in? Will I make friends? Can I go out and see my friends? Retirement villages arrange a variety of social and recreational…