Lifestyle St Leonards residents show how to integrate yourself into a new community
When entering a new village, a good way to put yourself at ease is to join a committee that helps the local community as it broadens ties with like-minded people. Lifestyle St Leonards – The Waves social committee member Anne Kennedy said the donation was…
People have multiple retirement concerns, according to AMP survey of over 50s
New research by AMP shows that most older people find it challenging to navigate the retirement system and lack knowledge about fundamental aspects of managing their retirement finances. For people aged 50 and over the research found: “This lack of financial knowledge about retirement is…
This is why eligible people should apply for a Seniors Card
Each State and Territory operates a Seniors Card and they not only save the holder a lot of money but open the door to a range of social activities. To show how valuable a Seniors Card is, South Australian Seniors Card holders have collectively saved…
Over 55 and having trouble sleeping? Researchers need you
Researchers at the University of Western Australia are looking for adults aged over 55 with insomnia to take part in a new study. There is no upper age limit. Research supervisor, Dr Melissa Ree said effective insomnia treatment can help with a range of conditions….
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…
What the rising cost of living in Australia means to your retirement plans
If you are thinking of retirement, you will be aware of your superannuation and perhaps questioning whether it will be enough for the rest of your life. Over the year to June, the living costs of workers rose by 9.6% and those of self-funded retirees…
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…
Fewer retirement villages are offering capital gains – but it’s far from bad news
73% of retirement village operators surveyed in the 2022 PwC Property Council Retirement Census did not offer residents an opportunity to share in any capital gains or capital losses, more than triple the number in 2017. The number of retirement villages no longer offering capitals…
More taxpayer funds for Men’s Sheds with $10,000 grants available
131 Men’s Sheds will share almost $670,000 in Australian Government funding to continue supporting the health and wellbeing of their community. Up to $10,000 each will be awarded to help sheds with improving their facilities, buying tools and equipment, coordinating health-related training, and hosting events…
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…