The Retire Ready event to be held on Tuesday, February 12 at RetireAustralia’s Fancutts Retirement Living project at Lutwyche will provide free expert information for seniors who are trying to decide their best retirement living option.
Danielle Lim retirement legal specialist and principal of DSL Law, who has spent many years working in the seniors living sector will share her top tips for making a wise move into retirement living.
Judi Hutchison, RetireAustralia’s Development Manager said the Retire Ready series was designed to demystify the buying process for retirement living and give seniors and their families access to a range of experts.
“Research is critical when deciding on the best retirement living option for each individual and it’s important to seek advice from the experts,” Ms Hutchinson said.
Ms Lim said the information series came at an exciting time in the industry with new laws rolling out from February 1 aimed at improving outcomes for retirement village residents and she will be discussing these laws as well as what to be aware of when considering a move into a retirement village.
“People often focus on the process at the beginning when they’re choosing a village and don’t pay enough attention to the things that will affect them while living within the village and when they leave. Retirement villages can be very different. Added to this, the personal circumstances of buyers can vary wildly - there’s really no cookie cutter approach, every situation is unique” she said.
The free Retire Ready event will be held at the Fancutts Retirement Living Display Suite at 33 Laura St, Lutwyche, on February 12 at 10am. Places are limited and RSVP is essential on 1300 687 738.
Danielle Lim’s Top 5 Tips:
Do your research. This is a big decision so take your time to understand the options.
Ask questions. Don’t be afraid to speak up if you don’t understand something or want to know more, especially as laws are changing.
Get professional advice. Good, solid advice, particularly on financial matters, should be sought before any contracts are signed.
Consider your lifestyle. Make sure your own personal circumstances are catered for in your new home.
Think about the future. Make sure there are no surprises in store when you decide to leave a retirement village.
