Retirement Villages
vs. Lifestyle Resorts

As people approach their golden years, many consider downsizing their living arrangements. Retirement villages and lifestyle resorts are two popular options for seniors seeking a community of like-minded individuals and a simplified lifestyle.

However, before deciding, it’s important to understand the differences between these two types of facilities and services to choose the best option for you.

Spacious Clubhouse inside Retirement Village

What is a Retirement Village?

Retirement villages are communities designed for seniors looking to simplify their lives and enjoy their golden years. These villages typically offer a range of amenities and services, including healthcare, meals, housekeeping, and transportation. In exchange for these retirement living services, residents pay monthly or annual fees.

Important Factors to Consider:

Entry and Exit Fees

One of the biggest drawbacks of a retirement village is the high entry and exit fees. Retirement village fees can be substantial and can eat into the equity seniors have built up in their homes. In addition, some retirement villages have deferred management fees, which means that residents have to pay a percentage of the sale price of their units when they leave.

Facilities & Retirement Communities

Retirement villages vary in terms of the facilities they offer. Most retirement villages are geared towards seniors who require physical and medical assistance, while others are designed for more active and independent seniors. Choosing between a retirement village or lifestyle resort that meets your needs and interests is essential to long-term happiness and life satisfaction.

Lifestyle Resorts

A Refreshing Alternative for Retirement Living

Lifestyle resorts are a much better option for seniors seeking a more flexible, affordable, and relaxed retirement living arrangement. These communities offer many of the same amenities and services as a retirement village but without the high fees and restrictions

Ownership

Like retirement villages, lifestyle resorts offer a range of facilities and amenities designed to meet the needs of seniors. However, lifestyle resorts are often more focused on promoting an active and social lifestyle with like-minded people, with amenities like swimming pools, fitness centres, and community centres.

No Restrictions and Rules

Lifestyle resorts typically have fewer restrictions and rules than retirement villages. This means that residents have more freedom to live their lives as they choose.

Heated Outdoor Pool for Over 50s

Why Choose a Lifestyle Resort?

Lifestyle resorts offer a range of benefits that make them an attractive option for seniors.

450m Practice Putting & Chipping Greens
The Links Lifestyle Community & Facilities
Indoor Swimming Pool Facility
Swimming Pool Area

Affordability

One of the biggest advantages of lifestyle resorts is their affordability. Because there are no entry or exit fees, residents can enjoy a more relaxed and flexible lifestyle without paying large sums of money upfront.

Flexibility

Lifestyle resorts offer more flexibility than retirement villages. Residents can customise their living space and live their lives as they choose without having to worry about restrictive rules and regulations, allowing them to live independently.

Active Lifestyle

Lifestyle resorts are designed to promote an active and social lifestyle. This means that residents can enjoy a range of amenities and activities that keep them engaged and connected with others in a warm community.

No Hassles

Moving to a new community can be stressful, but lifestyle resorts make it easy. With no entry or exit fees, flexible ownership options, and a more relaxed atmosphere, seniors can enjoy a hassle-free downsizing experience.

Finding the Right Retirement Community for You

Choosing the right community is an important decision, and it’s important to take the time to research your options. Whether you choose a retirement village or a lifestyle resort, make sure that it meets your specific needs and interests.

1.

Consider Your Lifestyle

Before making a decision, think about the retirement lifestyle you want to lead. Do you want to be surrounded by other active seniors, or do you prefer a more relaxed atmosphere?

2.

Look at the Amenities

Consider the amenities that each community offers. Do they have the facilities you need to stay active and engaged?

3.

Check the Fees

Make sure that you understand the fees associated with each community. Are there any entry or exit fees? What are the ongoing costs?

4.

Talk to Residents

Finally, talk to residents of each community to get a sense of what it’s really like to live there. Ask them about the facilities, the atmosphere, and any challenges they’ve faced.

So, Retirement Village or Lifestyle Resort?

Retirement villages and lifestyle resorts are popular options for seniors looking to simplify their lives and enjoy their golden years. While retirement villages offer many amenities and services, they can be expensive and restrictive. On the other hand, lifestyle resorts offer more flexibility, affordability, and a focus on promoting an active and social lifestyle. By considering your needs and interests, you can choose the community that’s right for you.

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