I don’t think anyone would have predicted that 2016 would be quite as eventful as it turned out to be but while a lot happened not a lot actually changed.
If you thought you’d have the house to yourself once the kids reached adulthood, statistics paint a different picture, with more adult children remaining in the family home today than in years gone by.
Property ownership in retirement villages comes under slightly different legislation to normal home ownership. They have different forms of legal title and occupancy rights, and other costs such as stamp duty may or may not apply.
Many people feel uncomfortable raising a complaint or concern but it is important to address your concerns early and not leaving it to escalate. This can be particularly difficult if your complaint is about care or service that you are dependent upon for meeting your most basic needs.
If you thought you’d have the house to yourself once the kids reached adulthood, statistics paint a different picture, with more adult children remaining in the family home today than in years gone by.
In Australia there are both ownership and rental opportunities for retirement living options. Generally the deciding factor of whether you rent or buy is subject to your financial situation.
Most of the time aged care services work well and the people who use them are happy with the service they receive. However, sometimes there is a problem, and you may need help to speak up and have the problem resolved.
AdvicePlus Financial Solutions Pty Limited, ABN 66 115 766 946, trading as AdvicePlus Financial Solutions is an authorised representative of AMP Financial Planning Pty Limited (Australian Financial Services Licence No. 232706).
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