Retirement Village - Ebook

FREE EBOOK

Thinking of living in a Retirement Village?

This booklet contains important information for intending residents, their families and existing residents of retirement villages. Buying into a retirement village is different from buying a house. It can be complex, and villages vary in their accommodation, support, management, legal and financial structures.

It includes practical tips to help you:
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consider your personal circumstances and motivations for choosing retirement village living over other options

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understand some important legal concepts and terms used in retirement village contracts

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be aware of some financial implications of living in a retirement village.

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Making the right choice When Sarah’s husband passed away, she found it difficult to maintain their family home.

Her son suggested moving and Sarah began to look at several retirement villages in her city. She talked to residents and compared facilities. Sarah also talked to an independent financial advisor with experience in retirement villages to compare costs and restructure her finances.She consulted a lawyer about the legal, financial and lifestyle aspects of retirement village contracts.

After revisiting the retirement village she liked the best, Sarah made the move. Village life turned out to be comfortable. Thanks to her research, Sarah has a good balance between living independently and having access to support when she needs it.

About Us

The Alandale Foundation bought the Village in 1996 and owns the land on which the village is located. The Village is run by a small team and governed by a Board of Trustees made up of resident and non-resident trustees. Being a charitable organisation means that profits from Alandale are reinvested into the community for the benefit of current and future residents.

READ MORE ABOUT ALANDALE
     
Contact Us
P: 07 854 0468
F: 07 854 0680
   
Alandale Village
1199 River Road
Flagstaff
Hamilton 3210