Make a wise move into retirement living

FOR people thinking of moving into a retirement village, there are lots of things to weigh up and money is one of the biggest considerations.

Retirement living expert Rachel Lane, author of the bestseller Aged Care, Who Cares? and Downsizing Made Simple, says that when people are choosing a retirement village, they often don’t pay enough attention to the things that will affect them both while living in the village and when they leave.

“Retirement villages can be very different, and it is not as simple as comparing apples with apples,” Ms Lane said.

“For a true cost comparison, you need to look beyond the upfront fees and factor in ingoing, ongoing and outgoing costs such as exit fees.”

The latest retirement community on the Gold Coast, The Verge at Burleigh G.C., offers a contract specifically designed to increase financial certainty for retirees. It gives retirees clarity, certainty and confidence at every stage.

The team at RetireAustralia, who own and operate the new vertical retirement village overlooking the 10th tee of Burleigh golf course, say they understand that retirees need certainty about their financial future.

“Moving into a retirement village is a big decision and retirees might feel concerned about affordability and hidden costs,” RetireAustralia chief executive, Dr Brett Robinson, said.

“It’s important to us that retirees and their family members have peace of mind from the very beginning.

“That’s why our sales contract for The Verge offers a simplified financial process and a high level of financial clarity at every stage.

“We specify, upfront, what the costs are, and what they cover. So residents know exactly what they will need to pay for the duration of their stay at The Verge.

“The monthly service fees will be charged on a costrecovery basis only and cannot be increased more than the Consumer Price Index without the approval of village residents.

“For further peace of mind, from the day residents move in, they will know the outgoing payment they will receive. In uncertain times, many people find it comforting to know where they stand financially.”

The Verge offers stylish one, two and three-bedroom apartments with spacious balconies and floor-to-ceiling windows with expansive views. Every apartment has been thoughtfully designed to offer a low-maintenance lifestyle, with privacy, security and agefriendly layouts to suit changing needs.

Construction at The Verge is well underway and are selling with independent living apartments priced from $510,000. There is a sales suite to visit at Burleigh Golf Club, 114 Albion Ave, Miami.

For more information or to register interest in an apartment at The Verge, visit the website or call.