Apartments are a great lifestyle and ageing option in your 60s when planning the next phase of your life.
Selling the family home and downsizing to an apartment can
• free up cash for later life,
• free you from home maintenance to travel
• and introduce you to a new lifestyle, often close to cafes, transport and neighbours.
Just as importantly, with new designs, apartments are a great solution to age in.
They are safe, with few steps and trip hazards. Kitchens are open plan and easy to move around. Bathrooms are modern and easily adaptable. Garages are easily accessible via lifts.
And in most cases transport is at your door, plus shops are nearby. - you don’t have to be worried about being isolated in the big family home.
With apartments you also still have financial flexibility.
You own your own home, there is no deferred management fee to pay when you leave and most apartments are easy to sell.
All up apartments offer a great way to age well in your 60s and 70s.