Retirement Villages

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Our Team Will Look After You

Moving to a retirement village can be an excellent option for older Australians. Our expertise in aged care financial advice for retirement villages means we can give you a clear picture of the costs, pension entitlements and payment terms available to you.

The charges and fees will differ from one retirement village to the next, and when you’ve decided that you’d like to explore this option, we will work with you to create a financial plan to maximise your assets and get most value from your pension.

We look at your assets, from your family home to superannuation and pension, and advise you on how to manage your finances to ensure you’re confident and comfortable about the move.

Up-front payments:

We look at your assets, from your family home to superannuation and pension, and advise you on how to manage your finances to ensure you’re confident and comfortable about the move.

As an Accredited Aged Care ProfessionalTM , TBA Aged Care Financial Advisors offer a balanced, unbiased overview of your options. We give you the reassurance that comes from working with experts in aged care finance. We guide you through the process of weighing up the benefits and understanding what you will need to outlay now and in the future.

Some of the specific considerations for financial planning for retirement villages include:

Ongoing costs

It’s important to be aware that living in a retirement village will mean paying ongoing charges for maintenance, essentials like meals, and additional fees for access to certain services. It’s important to consider the potential cost of Home Care, either now or in the future. Some Home Care packages are part-funded by the government, but you will need to be pragmatic about your needs in the future and plan accordingly.

When you leave

Some retirement villages will require you to use their agent to sell your unit when you move, and this will mean paying commission on the resale value of your property. While the cost of your unit may have increased during the time you lived there, you will also need to cover any repairs and maintenance needed to meet the retirement village’s required standard.

Other options include Residential care  and support to continue living in your own home.

Talk to one of our friendly team today to start exploring your options Contact Us