LIFE STARTS AT 60+
DECISIONS
The decision to go into retirement living is a big one and can involve complex financial questions. However, there are some sure signs that it may be worth looking around to find a retirement village that works for you. Here are some of the most common reasons as to why people look into retirement living:
Medical conditions If an individual is suffering from ongoing and worsening medical conditions, it might be a good idea to consider retirement living so that they can have 24-hour help if it is needed, while still maintaining a sense of independence.
Isolation Retirement living offers a great number of solutions to those who have experienced loneliness and isolation in their retirement. From putting you closer to people going through the same stage of life, to offering activities that get individuals out the house and active, retirement living can be a great way to deal with this very common problem. •
NZ leads
Roughly five percent of the elderly community in New Zealand lives in a retirement village. The idea has more recently begun to take off in the UK, where the figure is currently more like 0.5 percent.
Monetary issues As we get older and the world continues to change in terms of technology, it can be more difficult to keep on top of paying bills and other finical responsibilities. Retirement living can offer help in this area and make sure that monetary responsibilities are as easy as they can be. Do be aware that in some cases a retirement property may attract an ‘exit fee’ when sold - make sure you and your beneficiaries understand the terms included in the purchase contract.
RETIREMENT COMMUNITY BENEFITS
McCarthy & Stone is the leading developer and manager of retirement communities in the UK, offering a choice of high-specification, low maintenance apartments, located within social communities and designed to help you live independently for longer
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•Takes away the burden of maintenance chores, releasing your time to enjoy the things you really love • Well-equipped and low maintenance apartments allow you to live independently for longer • Enjoy being part of a warm and welcoming community when you want to, but have your privacy when you need it • Enjoy facilities such as onsite restaurants, reading rooms, landscape gardens and even wellbeing suites • Choose the option that suits your personal circumstances – buy outright, rent, or part buy, part rent.
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