Rachel Lane, the Principal of Aged Care Gurus, has written a great piece titled ‘Are the criticisms of retirement villages justified?’ that is good reading if you are considering moving into a retirement village.

In the story, Ms Lane provides her tips for entering retirement villages, covering retirement villages’ legislation; how the contracts differ from contracts in other industries; and the different between retirement villages and Strata Title villages.

Importantly, she points out that retirement villages are not allowed to profit from running the village.

Ms Lane also breaks down the different costs for retirement villages, including the ingoing, ongoing and outgoing fees, and the consequences to consider for your finances.

It’s good advice – read it for yourself here: https://cuffelinks.com.au/outcry-retirement-villages-justified/

We also have similar advice here on villages.com.au.