El­derly homes prompt sem­i­nar


With two re­tire­ment vil­lages ten min­utes apart, con­tain­ing 500 new homes, look­ing likely for Queen­stown, an in­de­pen­dent ex­pert is vis­it­ing to help el­derly make de­ci­sions.

Re­tire­ment vil­lages man­ager at the Com­mis­sion for Fi­nan­cial Ca­pa­bil­ity, Troy Chur­ton, will speak in Queen­stown to give an in­de­pen­dent in­sight to the re­tire­ment vil­lage ex­pe­ri­ence.

‘‘It will be an old fash­ioned au­then­tic sem­i­nar with a lot of like­minded peo­ple com­ing along, who are not nec­es­sar­ily go­ing to do it [pur­chase a unit] but are think­ing about it.’’

Speak­ing to a lawyer be­fore mak­ing any de­ci­sions on the re­tire­ment vil­lage liv­ing was manda­tory, he said.

There were three key things to con­sider.

‘‘We are look­ing at the per­sonal cir­cum­stances, le­gal frame­work and fi­nan­cial ap­pli­ca­tions,’’ Chur­ton said.

The dis­cus­sion would also in­volve life­style choices, fi­nan­cial im­pli­ca­tions and dif­fer­ent op­tions avail­able.

‘‘Do they want se­cu­rity? Do they want com­pan­ion­ship? Maybe it is a good time to live the fi­nal chap­ter of life with an­other 60 peo­ple.’’

Two new re­tire­ment vil­lages in Queen­stown would be ‘‘the most rock­ing thing for any­body aged over 70’’ in the re­gion, Chur­ton added.

Re­tire­ment de­vel­op­ments in the re­gion could also help ease up the tight house mar­ket as house own­ers move out of homes.

‘‘It’s about free­ing up the equity and some prop­erty stock for other gen­er­a­tions,’’ Chur­ton said.

Grey Power Queen­stown Lakes pres­i­dent Les­ley Jones said it would be good to hear neu­tral pro­fes­sional ad­vice on the re­tire­ment hous­ing op­tions.

‘‘It’s a very se­ri­ous de­ci­sion to make. When we get older there’s a lot of pres­sure on us to change our life­style.’’

Re­tire­ment homes would pro­vide bet­ter sup­port ser­vices but not every­one could af­ford those ser­vices, she said.

‘‘The num­ber of new vil­lages would also at­tract more peo­ple to the area as it is known as a de­sir­able place to live.’’

The Queen­stown re­tire­ment vil­lage sem­i­nar will be run in con­junc­tion with Grey Power at St Mar­garet’s Church Hall on Novem­ber 25.

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.