JOINING a retirement village or other form of seniors housing is a significant decision.
Villages can provide a fulfilling lifestyle, safety and security all within a community environment. However, with so many options available, it is essential to consider what each village offers to ensure it meets your needs and preferences.
Aged and Community Care Providers Association CEO Tom Symondson says there are five things to consider when making your choice – amenities and facilities, health and support services, finances, sense of community and accreditation.
Consider what amenities and facilities are important to you in a retirement village.
Many offer recreational options such as swimming pools, gyms and bowling greens.
On-site services such as hair salons, libraries and cafes can add convenience and enhance the community atmosphere.
Identify which amenities are most important to you and ensure the village you choose meets those needs.
Many new developments and service models have emerged and grown in popularity, such as Land Lease communities.
Healthcare and support services may be essential to you as you age.
Investigate the care services provided within the village.
With the increasing popularity of home care in retirement village settings, it is worth exploring whether the village operates its own home care services or partners with reputable third-party providers to deliver these services.
Some villages have co-located facilities with residential aged care. This can ensure a seamless transition if your care needs change over time. This integrated approach can ensure peace of mind and allows you to age in place.
Financial considerations - a big hurdle for downsizers is the confusion around exit fees, which are standard in retirement villages.
The exit fee is the ‘lease payment’ for the period of time you spend at the village.
Most Australian states now provide village comparison documents to help prospective residents make informed decisions and compare different villages based on standardised criteria, making it easier to understand the financial obligations and benefits each village offers.
For those considering other options such as land lease communities, Commonwealth rental support may be available to help offset rental fees.
It is essential to do thorough research and figure out what is best for you, considering both the financial implications and the lifestyle benefits each option provides.
The sense of community and overall culture of the village can have a significant impact on your quality of life.
Spend time visiting the village, talking to current residents and getting a feel for the spirit and atmosphere.
Research increasingly shows that retirement living is associated with a positive quality of life, bringing significant benefits such as a sense of safety, companionship and access to support.
This supportive community environment can enhance emotional well-being and provide a network of friends and neighbours who share similar interests and experiences, making your retirement years more fulfilling and enjoyable.
Accreditation is a crucial factor in evaluating the quality of a village.
It not only ensures compliance with industry standards but also highlights areas for continuous improvement.
The Australian Retirement Village Accreditation Scheme (ARVAS) is a comprehensive accreditation program that assesses various aspects of village operations, including governance, communication, corporate systems and service delivery.
Achieving ARVAS accreditation indicates that a village has committed to maintaining high standards and prioritising resident well-being.
When choosing a retirement village, consider its ARVAS accreditation status, as it reflects the village's dedication to providing a high-quality, supportive and well-managed living environment.
