Commission offers village info
Retirement will eventually affect most of us. 650,000 New Zealanders are currently over 65, and according to the Commission for Financial Capability’s Troy Churton, retirement village populations are set to double over the next 25 years.
At present some 12 per cent of our over 75s are residents of one.
‘‘That’s up 10 per cent on the figures from just a few years ago.’’
That means there are plenty of people who will be considering a move in the near to mid future.
From the Office of the Retirement Commissioner, Troy is fronting a national roadshow on retirement villages that arrives in Palmerston North on November 11. The free 90-minute seminar is for anyone who is considering a retirement village as a lifestyle option.
‘‘We want to help intending residents and members of their families, and any other interested people, make better decisions about their wellbeing. The seminar takes into account personal circumstances as well as making them aware of the financial consequences.’’
Offering a ‘‘holistic’’ overview of the processes involved, the seminar is to help people do ‘‘due diligence’’ on any retirement village options.
‘‘We are not promoting retirement villages; we are recognising that they are among the options available to people.’’
Accompanied by an executive of the Retirement Villages Association and a practitioner from the local Law Society, Troy says the roadshow, which has been to 15 centres around the country, has been ‘‘overwhelmingly well received’’ by attendees.
‘‘They have appreciated the neutral and objective information provided about the personal, legal and financial decisions along with other issues involved in retirement village living.
The seminars have also been well attended.
‘‘We aim to be a trusted source of objective information and the response shows there is a clear demand for this sort of presentation,’’ Troy says. ‘‘We are unlikely to be back in Palmerston North for some time, so this is a big opportunity for people to attend, learn and ask questions.’’
Held in the Palmerston North Bridge Club rooms, registrations for the 12.30pm Wednesday November 11 seminar which includes light refreshments, are essential either by calling 0800 268 269, or on-line at: http://www.cffc.org.nz/retirement/ retirement-villages/
Retirement villages will be popping up like mushrooms as our ageing population grows.
Troy Churton of the Commission for Financial Capability addresses a seminar on retirement villages on November 11.