Retiring

What other factors should I think about? Other things you might like to think about are affordability, crime rates, proximity to family, friends, schools, and...
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Is living in a retirement village or retirement home better than private property?

This depends entirely on your outlook and strength of desire for independence. Most retirees choosing to move into a retirement village or retirement home think it’s better because:
  • They no longer want the responsibility of maintaining real estate
  • The community of a retirement village usually offers social interaction and activities, reducing the sense of isolation experienced by some
  • Villages are frequently well positioned in terms of public transport, making it easier to continue to enjoy a normal lifestyle when driving is no longer an option
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