Look who dropped into Arcadia Waters Mandurah village in WA
Arcadia Group Managing Director Roger Kwok and his enthusiastic team are always trying to create a better life for its 500-plus residents in its nine villages in Western Australia and Victoria. What better way than having the Western Australian Symphony Orchestra (WASO)’s String Quartet play…
The benefits of retirement living far more than safety and security
Most people naturally want to remain in their home, however most dwellings are not built for the needs of ageing people in mind. Retirement living can reinvigorate a person’s life and help the person maintain their health and wellbeing with age. Here are eight benefits…
With the population ageing rapidly, is it time to change the Age Pension income test?
The release of the 2023 Intergenerational Report confirms what most people already know – that Australia is ageing rapidly. The report, which forecasts what the country could look like in 40 years, believes the number of people aged 65 and over is projected to more…
Can I afford to retire and enjoy the lifestyle?
Is your partner starting to talk about retirement, or are you beginning to feel it is time to step back from work? Whatever the reason, you may be asking: can I afford to retire? It is a personal decision that requires a lot of thought…
The five types of tenancy in a retirement village
When looking into buying an independent living unit in a retirement village, there are lots of things to consider – cost, choosing the contract that most suits the buyer’s situation and the tenancy. Here are the following types of tenancy, which the buyer will be…
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…
How this financial adviser saved a client $20,000 a year in move from retirement living to aged care
Making the move from retirement living into residential aged care can be hard for you and your family. Shaun Ganguly, a financial planner from Aged Care Financial Planning and Retirement Village Financial Advice, said it is critically important to seek professional advice. You need to…
People may wake up earlier as they get older
As people age, their bodies alter both internally and externally as their brain and nervous system go through natural changes. This is a major factor behind the sleep changes that come later in life, and yes, many people reaching retirement tend to wake up earlier….
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…
Retirement living or the kids’ inheritance? The questions you must ask yourself
Talk to any retirement village operator and they will share stories of people who have put their name on a waiting list, only for them to renege when the time comes for them to move in. The reason is always the same. The children deserve…