The Senior

Four reasons why older Australians love retirement village life

Retirement village residents say such properties offer convenience, security, friendliness, and affordability. Picture supplied
Retirement village residents say such properties offer convenience, security, friendliness, and affordability. Picture supplied

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Convenient, secure, friendly and affordable. That's what residents value the most about village life, according to a recent survey by Victoria-based retirement living operator Benetas.

As part of an ongoing research project, Benetas canvassed the views of 189 residents at three villages in and around Melbourne earlier this year.

Amongst a range of questions, the survey asked residents why they moved out of the family home in favour of a retirement community.

"The results highlighted that around 90 per cent of respondents chose retirement living as an easier, simpler alternative to the maintenance required at their previous home," says Bruce Webb, Benetas General Manager Strategy, Infrastructure and Housing.

Convenience is a highly-prized facet of village life, he says, not just because it simplifies things. It also makes for a healthier community. The survey respondents appreciated how on-site amenities and a varied slate of affordable activities help them to lead a more active lifestyle, physically and socially.

"There are a clear range of benefits, including a secure community environment with a range of leisure and support opportunities," he says.

"Many feel they are the healthiest they've been their entire lives."

The survey found that safety is also a significant drawcard for residents.

"The second most common reason for choosing retirement living was security, with 74 per cent citing the self-contained nature of the communities, village staff and the essential 24-hour emergency call system," Mr Webb says.

"While many retirement living residents are healthy and active, many find it reassuring knowing that living within a retirement village provides them that extra level of security and assistance when needed."

He says that while the vast majority of residents continue to enjoy active, independent lives outside of their village with many still working, the social aspect of retirement living was of primary importance to more than half of respondents.

"As they age, seniors are encouraged to remain social and connected, for both physical and mental health, and retirement villages very much facilitate this."

These survey results will help prepare the industry for rising demand as Baby Boomers increasingly forego the family home for the convenience of village life, Mr Webb says.

"Many will look to a retirement living alternative in order to maintain their independence in a secure, inclusive community environment."

If you're hankering for the simple (and safe and social) life, don't miss the Adelaide Retirement Village and Resort Expo at Unley Town Hall, May 5-6, 10am-3pm.

The Expo features a curated selection of Australia's finest retirement communities at every price point. This is a great opportunity to explore the market and engage directly with village staff to find the best options for your personal situation. You can learn everything you need to know to take the next step - in just one outing.

For information about upcoming expos, visit www.retirementexpo.com.au to find the next event in your area. It could change your life!

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