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How Retirement Villages Work

Retirement villages are a popular housing option for seniors looking to downsize, live in a community and enjoy a range of amenities and services. Retirement villages are designed to provide independent living for seniors, with varying levels of support and care available on-site.

In this article, we will explore how retirement villages work, the types of retirement villages available, the cost of retirement villages, the pros and cons, how to choose a retirement village and what to expect.

Types of retirement villages

There are various types of retirement villages, including independent living, assisted living and continuing care retirement communities. The type of village will dictate how the retirement village works.

Independent living communities are designed for active seniors who do not require any assistance with daily living activities, while assisted living communities provide support and assistance with daily living activities such as dressing, bathing and medication management.

Moreover, continuing care retirement communities offer a range of care levels, from independent living to skilled nursing care, allowing seniors to age in place.

Cost of retirement villages

The cost of retirement villages varies depending on the type of community, location, amenities and services provided. Some retirement villages require an upfront entrance fee or a buy-in fee, while others operate on a rental model. Additionally, monthly fees may cover utilities, maintenance and other services such as transportation, housekeeping and dining.

Pros and cons of retirement villages

Retirement villages offer a range of benefits, including a supportive community, access to amenities and services and opportunities for socialisation and engagement. They also provide seniors with a sense of security and peace of mind, as they can receive assistance and care if needed.

However, note that retirement villages can also be expensive, and some seniors may feel isolated or bored if they do not engage in community activities.

How to choose a retirement village

Choosing a retirement village requires careful consideration of various factors, including location, amenities, services and the overall cost of the retirement village. Seniors should research and visit potential retirement villages, understand how the retirement village works on a daily basis, talk to current residents and consider their personal needs and preferences.

Additionally, seniors should carefully review the contract and fees associated with the retirement village, as well as any restrictions or rules.

What to expect

Retirement villages typically offer a range of amenities and services, such as fitness centres, pools, libraries and community events. Additionally, some retirement villages offer on-site health care and support services, such as medication management and physical therapy.

Residents can expect to live in a community of their peers, with opportunities for socialisation and engagement. However, residents should also be prepared to follow community rules and regulations, such as noise restrictions and pet policies.

Retire with scenic surroundings and freedom with LDK

Retirement villages offer seniors a range of housing options, services and amenities designed to promote independent living and support ageing in place.

Whether at Greenway Views or The Landings, all LDK Seniors’ Living® villages have a lovely, dynamic sense of community, where no two days are the same, and people stay active and youthful at heart.

We provide a genuine continuum of care once our residents move in — from planned and unplanned care — where couples stay together, pets are welcome and grandkid sleepovers are a regular occurrence. At LDK, you can enjoy independent retirement living while receiving individualised care for your peace of mind.

Have any questions?

If you have any questions or would like to talk to one of our friendly Membership Consultants, please reach out to us online or call 1300 535 000.