After a lifetime of hard work, many of us look forward to a relaxing retirement, often in a retirement village or resort. But selling the family home and relocating is a major financial decision that should not be taken lightly.
It is vital that you research your options thoroughly to find the right situation for your circumstances. Doing your homework can lead to years of happiness enjoying the rewards of a low-maintenance lifestyle in a like-minded community.
The perfect place to start is the Hills District Retirement Village Expo, July 28-29, at Castle Hill RSL Club. See everything on offer from established villages and lifestyle resorts to brand new luxury developments, in Sydney and throughout Australia — all under one roof.
Visitors are encouraged to take their time and explore the Expo at their own pace. With hundreds of retirement communities represented, you can discover everything you need to know about retirement living.
The Expo is open from 10am – 3pm both days. The Club offers free car parking to members and guests. Admission is Free.
Living in a retirement village or resort promotes better health and greater independence.
That’s the finding from research conducted by consulting company Grant Thornton in 2014, which calculated that retirement village residents visit their GP less often and spend fewer days in hospital than their peers in the general community.
They also enter aged care up to five years later on average — at 84 as opposed to the national average of 79.
Along with age-appropriate design, retirement communities support better health by facilitating an active lifestyle. On-site facilities like swimming pools, gyms and bowling greens make exercising easy and convenient.
Organised activities such as tai chi, yoga and excursions also help to promote fitness and wellbeing.
“What we can see from the research is that retirement villages can extend the independence and quality of life of their residents,” says Ken Morrison, Chief Executive of the Property Council of Australia.
The Australian Productivity Commission echoes that view saying retirement villages, “can have a positive effect on the health and quality of life of older Australians”.