The main difference between aged care and retirement villages is the idea of independent living. Retirement homes are best for people who want independent living and the freedom of having their own home. Aged care facilities are best for people who can’t live independently and need ongoing care and support.
Whether retired or still working, retirement villages offer vibrant independent living. When you move to a retirement village, you get a ready-made community with fantastic facilities and activities. No wonder many residents wished they’d moved to their village sooner.
Unlike aged care homes, retirement villages offer independent living and a vibrant, active and social retirement lifestyle.
|Retirement village||Aged care facility|
|Lifestyle driven||Needs driven|
|Independent living||Care-based living|
|Self-funded||Assessment for government subsidies|
|Support services optional||Care services embedded|
|Eligible for all over 55s||Eligible by needs assessment|
|Live in an apartment or freestanding home||Live in a room|
|Governed by state legislation||Governed by federal legislation|
Retirement villages provide an active and social community for people aged over 55. Villages often include facilities like gyms, pools, bowling greens, community centres, and more. Our vibrant communities host many group activities and events, and there are lots of ways to get involved with committees and resident groups. Of course, how much you do or don’t get involved is up to you. Residents have the freedom to choose the lifestyle that suits them, which includes having friends and family visit at any time they wish. When you live in a retirement village, you have all the options you could want to create the retirement lifestyle that best suits you.
When you live in a retirement village, you’ll usually live in an apartment, freestanding home, or villa. Your home is yours, and you live independently, choosing to come and go as you please. You can join in the village activities or keep more to yourself. Retirement village living is about living life the way you want.
When you buy into a retirement village, you enter into a private contract and pay using your funds or superannuation. You’re not assessed for eligibility, and there are no federal government subsidies. Anyone over 55 can live in a retirement village. You don’t even have to be a retiree.
Retirement villages don’t offer round-the-clock care, but they do have access to optional services you might need as the years pass. Many villages will arrange for hairdressers, podiatrists and other care providers to visit on-site. And your village team link you to health and wellbeing providers in the local area. For help at home, you can arrange third-party services such as cleaners, in-home care and shopping or meal deliveries to come to your home. And if you want independent living with a little more day-to-day support, some villages offer serviced apartments that include daily meals and housekeeping.
Private, not-for-profit or publicly listed companies can operate a retirement village. Each state or territory has its legislation governing the operation of retirement villages. Aged care facilities on the other hand are governed by Federal legislation.
In a retirement village, you’ll enjoy the benefits of independent living with built-in recreation, support, and peace of mind.
It’s a life where you can continue doing what you want without worrying about the maintenance of a large family home. And friends and family are welcome to visit and stay over any time.
If freedom, fun and a vibrant lifestyle are what you want for your retirement, a retirement village could be the perfect option for you.
For more information about the lifestyle and support offered at our retirement villages, call our customer service team on 1800 550 550.
If you think your family or friends might enjoy this article, please share it with them.