Retirement Villages 101: The Essential Guide

Accommodation

Retirement villages typically offer a range of accommodation options, such as independent living units, assisted living units, and aged care units.

Services and amenities

Retirement villages often provide a range of services and amenities, such as meals, transportation, housekeeping, and recreational activities. Some villages also offer health care services, such as assisted living and nursing care.

Cost

The cost of retirement villages can vary depending on the location, services, and amenities offered. Some villages offer all-inclusive fee structures, while others may charge additional fees for services or amenities.

Residency agreements

Retirement villages typically require residents to sign a residency agreement, which outlines the terms and conditions of living in the village.

Exit fees

Some retirement villages may charge exit fees when a resident moves out, which can be a significant cost to consider.

Safety and security

Retirement villages often have safety and security measures in place, such as security personnel and emergency response systems, to ensure the well-being of residents.

Social activities

Many retirement villages offer a range of social activities and events, such as exercise classes, educational programs, and outings, to promote engagement and connection among residents.

Location and accessibility

Some retirement villages are located in urban areas, while others are located in more rural areas. It is important to consider the location and accessibility of the village when making a decision. Tour the village, and speak to the residents and staff before making a decision. 

Legal and financial advice

It's important to seek legal and financial advice before making a decision about moving into a retirement village.

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