Moving into a new, well-equipped apartment in a retirement village may be just what you are looking for. While planning the festive menu for family and friends, the age-old…, Christmas is one of the busiest times of the year and there is often a long…, Spring Cleaning: How To Tackle The Task Room By Room, Change of season presents the perfect opportunity to hit the reset button on your year, especially…. About 87% chose the village for personal independence, a safe environment and emergency support. The Retirement Villages Act 2003 (the Act) was introduced particularly to protect the interests of residents and intending residents of retirement villages. By Edward Bishop Published Feb 1, 2021 at 20:33 PM GMT. The sector’s benchmark census by Australian researcher McCrindle Baynes found an overwhelming majority of people who move into a retirement village are happy with their community. It will help you take stock of what is important to you, what you can live without and the things you can replace. In some retirement communities, residents are even allowed to bring a small dog or cat to live with them – just be sure to check with the facility in advance to confirm their pet policy. These specialists should represent your best interests at all times. Questions to ask before buying into a village, Search for the name of a provider, home, village or service, Need to find a listing from one of our print publications? Whatever your reasons for moving into a retirement village, be prepared with these tips. Executive Director of Retirement Living at the Property Council of Australia Mary Wood has compiled a list of important questions you should ask before moving to a retirement village. Christmas Food and Wine Pairing: Best Combinations, Christmas Done Differently: How National Storage Staff Are Spending The Festive Season, Preparing For Christmas: Your Guide To A Clutter-Free Christmas, It’s that time of year! If you’d prefer to speak to someone in person, don’t hesitate to give the village a call. Moving to a retirement village is one way to downsize by selling your larger house and moving to a smaller apartment with communal spaces to share with the neighbors. This kit contains information about the things that you may like to think about when considering whether to move into a retirement village. There’s a lot to be said about word of mouth from other residents. Many people choose to sell their current home before making the move into their new one. If you’re taking your fur baby with you, make the move less stressful on them with these tips. If you’re like me, the thought of slowing down and moving into a retirement village at 55 couldn’t be more remote! Or maybe we just want someone else to cook for us for a change (who doesn’t?). When the decision to move to a retirement village or independent living unit has been made, the reality of ‘the move’ can be overwhelming. A retirement village can be a great way to downsize, meet new people and feel more supported, When downsizing, you get the last decision on whether you keep or get rid of your possessions, There are professionals available that can assist you in moving into a retirement village and with decluttering. And our data tells me that I’m not alone in this view. Buying into a retirement village is different from buying a house, and legal and financial matters are also more complicated. Are you thinking about moving to a retirement village when you hit 55? National Storage provides tailored storage solutions to suit your needs. Sometimes moving into a retirement village is not the best financial decision. It’s worth discussing with loved ones and experts to determine what the best decision is for your individual situation. There comes a time in all our lives when getting up from the sofa isn’t as easy as it once was. You might even be allowed to attend a social event or meal to talk to residents and learn more about their experience. Most people will have gathered a life time’s worth of well-loved belongings, so it can be difficult to decide what to keep and what to let go of. Take your time considering all factors, picturing yourself living there, and discussing it with loved ones. Here you can see the facilities for yourself (just in case photos online are misleading) and speak to staff face to face about any questions and concerns you have. If you start the day with a cup of tea and a morning stroll, continue doing this. You want your new home to be comfortable and homey, but not packed with your life possessions. At National Storage, we’re more than storage. Leaseholds and licence tenures are generally set up so the entry payment … Retirement village residents pay a weekly or monthly fee to cover the running of the village, often called a “general service charge”. Thinking of living in a retirement village? Moving to a retirement village that has a full range of services enables you to relax and enjoy life now, mindful that any future day-to-day aspects can be handled easily and without any upheaval. Head Office. Discover our affordable, flexible options here and book today. Further reading. When you buy into a retirement village, depending on the type of tenure you have, you will either pay an entry payment (sometimes known as an entry fee or entry price) or a purchasing price. 01372 383950 info@retirementvillages… Finding the right retirement village for youHow much can a retirement village cost?Should I rent or own a place in a retirement village? Other points you need to consider include: Paperwork such as redirecting mail, disconnecting utilities, change of address notifications, The steps needed to be taken, such as cleaning and gardening, to prepare your property for sale or lease, The physical aspects of packing and transporting your belongings in your new home. When the decision to move into a retirement village has been made, the thought of packing up your old home and moving in to your new home can be overwhelming. Easing into your new life will be that much smoother if you maintain your daily routine as much as possible. Introduce yourself to the staff and maybe slip them some Tim Tams to make a good impression. With locations across Australia, it’s easy to find your nearest National Storage centre. If you end the day with a good book and a quick phone call to your daughter, keep it up. Financial advisors and consultants will deal with the complex and time consuming financial issues relating to aged care, Our printed directory of all public and private nursing homes, low care facilities, community care and retirement living. Downsizing checklists (pdf 49 Kb) Download . When downsizing, you get the last decision on whether you keep or get rid of your possessions. These benefits all come at a cost, of course, and the type and amount of fees can vary enormously from village to village. Or perhaps hanging the clothes out is enough to make us want to take a nap. The costs of running the property are likely to be lower and help dealing with maintenance issues will … It’s important to understand all the financial and legal implications of moving into a retirement village. There are also several different types of ownership or occupation rights or ‘tenure’. Before you start looking: discuss your decision to enter a retirement village with your family, friends, and other people you usually consult on important matters ; consider alternatives, such as home help, seeking help from government or other agencies, or moving to a smaller home The study found a quarter (25 per cent) said their life has significantly improved since moving into a village, while over half (52 per cent) said their happiness had increased. Make your new house feel like home by unpacking your boxes and bags as soon as possible. The next chapter in your life begins with saying goodbye to your current house. Should I rent or own a place in a retirement village? The most common types of retirement village contracts offered are: • leasehold arrangements – where the village operator owns the premises and you lease the unit from the operator. For example, some appealing verbal assurances by staff may be moot if they’re not stated in the contract. If a retirement village has a great rating and positive reviews from other residents and/or their loved ones, this is a good sign. Packing Paper, Tissue Paper and Cardboard, Before Signing a Retirement Village Contract, Start packing items you don’t use every day a week or two before the move –. A few other key things to consider when finding the right retirement village might include your budget, the location, its amenities, and the support provided. Increased opportunities for autonomy, social connection, healthy living and purpose are all aspects of village life from which residents can benefit greatly. Decisions about retirement villages are important; they tend to have a long-term personal and financial impact. If you’re not sure what you’re looking for, brainstorming with a loved one might help you determine the things most important for your comfort and happiness. If family or friends are unable to help out or if you prefer a professional to do the job for you, there are specialists that can help in many areas of a move such as: Assisting with sorting through household contents and possessions and decluttering, Disposing of excess items through sales or charities, Organising, coordinating or assisting with the physical move such as packing, arranging transportation and unpacking in your new home, Cleaning, repairing and presenting your home and garden for sale/lease, Assisting with paperwork such as organising mail redirection and disconnecting utilities. Enjoying your daily routine will help make things feel as normal as possible. Once you’ve moved into your retirement village, you’ll want to make yourself comfortable for an easier transition. From unit sizes, to packing tips, National Storage can help every step of the way. In this day and age, most of the information you need will be online – generally on the website of the village you’re researching. Share this page. Retirement villages are run in a number of ways, and what they deliver varies. All mod cons as standard. Why Moving to a Retirement Village Is a Great Idea Active adult retirement communities, like the Ladera communities, are a long way from what you may think of as retirement homes. It’s natural to feel anxious or uncertain about moving… The site may also have an FAQs page with more handy information. First and foremost, know how much space you will have in your new home. Moving to a retirement village: things to consider before you take the plunge Join 1.7 Million Subscribers Subscribe for free to get the latest breaking news and analysis sent to your inbox. Retirement villages are operated in different ways, and what they offer varies. Great Reasons To Consider Moving To A Retirement Village. Having a clear idea of the things you need and the things you don’t can make your research phase a lot less overwhelming. Here you should find relevant information around things such as the amenities, fees and payments, and available care packages. Some retirement villages allow you to pick and choose which services you’d like to take advantage of – and which ones you’d rather not pay for. This is key to knowing what you can and can’t bring. Selling off extra furniture or personal possessions you no longer need. There is so much to do! Search using the 'DPS id'. ... Another reason we decided against moving to a village were the rules. In fact, most people who have made the move to Renaissance tell us they have only one regret: they should have made the move sooner! Moving to a retirement village can also free up capital to support living costs in retirement. Downsizing can be a complicated and emotional process. 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