Other retirement living options
Retirement living doesn’t have to be a choice between cruise or care, according to Jamie SmithThompson, managing director at financial advisor Portafina.
“Consider sharing a house with people of a similar age. There has been a boom in houses in multiple occupation, particularly among young professionals. Why couldn’t this work for those who are retired?
“Do you really need all that space now that the children have grown up and moved out? You’ll benefit from the social perks and remaining independent, while still having support around you.”