If you’ve been considering the move into a retirement village, there’s no shortage of options or questions! Retirement villages cater to people aged 60 and older have shown steady growth across the country. In fact, around five percent of Australians 65 and older live in retirement villages.
But while there are plenty of options, it also presents a number of questions, such as legal, financial, and social considerations. So, before you sign on the dotted line, ask yourself these questions.
What’s the total cost?
One of the first things you’ll want to know about living in a retirement village is the costs. You may be required to pay beyond the price of the house and service fee, such as amenities, and other expenses. Knowing costs are important, especially if you want to stick to your budget. Talking to current residents about costs can help you get an idea of what to expect. We also highly suggest before signing any retirement village contract you seek financial advice from an expert in the Aged Care industry.
Is the location accessible?
When deciding on a location, it’s always a good idea to make sure it has good access to public transportation if you want to visit shops, hospitals, or family and friends from time to time. You also want to choose a location that suits your interests and hobbies.
Village Glen, being located on the beautiful Mornington Peninsula, has the best beaches, café, wineries and art galleries that Victoria has to offer. We also have the local bus run through the Retirement Village numerous times a day, making travel no issue.
What activities can I do in Retirement Villages?
Each retirement village is unique. Some may offer a range of facilities such as a café or restaurant, bowling and croquet green, spa, swimming pool, gym or a hair salon, while others may only provide housing. Aside from these, the village may also provide additional activities, such as workshops or classes. Understanding clearly what facilities and activities a retirement village offers allows you to see if the activities fit your interests.
At Village Glen, we have a wide variety of facilities for our residents to enjoy such bowling and croquet green, 9-hole golf course, spa and pool, gym, hair salon, café and restaurant and a range of health and fitness activities. The list goes on! We also have craft and hobby activities, including art and craft classes, china painting, and quilting. Seniors interested in technology can also take advantage of our computer classes, iPad, iPhone, and MAC classes.
What type of accommodation is available?
A retirement village can range from one-bedroom apartments to standalone villas with a number of bedrooms . The type of accommodation you choose all boils down to your needs and budget. For example, villas are ideal for active people who want to live independently within the community. Apartments, on the other hand, may be preferable for people who need extra assistance with daily tasks but still want to maintain their independence.
Am I ready for the change?
There are many advantages that come with living in a retirement village but moving home at any stage of your life is a big change and can be daunting. Be honest with yourself and assess if you are moving for all the right reasons, look at all your options and make the right decision for you. Speak to close family and friends who know you well, have a chat to existing residents and get their first-hand opinion on the Retirement Village you are interested in.
Village Glen offers Retirement Living in Capel Sound in the centre of the Mornington Peninsula. We also offer Aged Care Residences in both Capel Sound and Mornington and Flexicare Home Support across the greater Mornington Peninsula area. If you would like to enquire, please feel free to call us at 1300 VILL GLEN (1300 8455 4536).