Articles
16
Feb
How Much Money Do You Need to Retire in Australia?
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Posted by
Annie
Ever wondered, "How much money do I need to retire comfortably?" It's a big question for Australians eyeing retirement planning, especially in sunny Queensland. Whether you’re adjusting to retirement or planning for it in a few years, your retirement savings goal hinges on lifestyle dreams. There’s a handful of things to consider when it comes to answering the golden question, like age pension eligibility, expenses, and ideal lifestyle. Let's break it down to see what retirement looks like for you.
Define Your Dream Queensland Lifestyle
What does your ideal lifestyle look like? Is it quiet mornings by the coast, regular travel or staying active in the community? Your retirement lifestyle dictates how much you need for retirement. Whether you have a modest or comfortable lifestyle, factor in housing, entertainment, healthcare, and daily expenses.
Define your income sources
As you’re easing into retirement, consider your income sources. Everyone’s individual circumstances vary; some over-50s have multiple, while some depend on one income source. This can come in all forms, such as a salary, investments, superannuation, age pension, if you’re eligible, and a dedicated retirement savings compartment. Determine your cash flow to have an idea of...
16
Feb
Easy Ways to Stay Active and Social in Retirement
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Posted by
Annie
Staying active and social during retirement keeps your body strong and your mind sharp. These simple activities blend physical movement with social connections, perfect for vibrant over-50s living.
Walking
It might be common sense but sometimes we stay sitting for too long without realising. Walking is an easy, low-impact way to stay active while building friendships. Join local walking groups to meet others and stay social. 30 minutes daily can boost heart health and mood without strain. Want to start slow? Make it a habit to walk every day after lunch to keep the body moving.
Aqua Aerobics
Aqua aerobics offers gentle resistance in a pool, ideal for joints. Aqua aerobics turn workouts into fun social hours with neighbours, keeping you active and social at the same time. You'll improve flexibility, tone muscles, and laugh through splashes. Book Clubs
Make reading social! Have a book you want to recommend? Join a book club and make your recommendations! It’s also great for those nights you want to kick back and unwind with some quiet time. Reading keeps the brain engaged and opens doors to friendships with like-minded...
10
Feb
Four Retirement Living Options
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Posted by
Annie
As we get older, common thoughts arise about what suitable retirement living arrangements are available – do I need a smaller place? Do I want communal facilities? Do I have enough money to move? Do I need medical care? There are diverse retirement living options for over-50s in Australia; ranging from lifestyle resorts to traditional retirement homes, each with its unique ownership models, costs, and lifestyle perks, that’ll help you adjust to retirement best suited to your needs.
1. Traditional Retirement Villages
Traditional retirement villages feature self-contained villas, apartments, or townhouses in gated settings with shared amenities like pools, bowls greens, and clubhouses. Typically, homes in these complexes have high entry fees, deferred management fees (up to 25-35% on exit), and ongoing service charges. Regulated by state laws like Queensland's Retirement Villages Act 1999, they suit those wanting community support without full-time care.
2. Land Lease Communities (Lifestyle Resorts)
In land lease communities, like Living Gems, you own your home outright but lease the site. Similarly, homes are set in a secure gated community, while residents have access to a wealth of resort-style facilities, including indoor pools, golf simulator, recreational spaces, barbecue areas, and more. Protected under the Manufactured Homes Act 2003, contracts are simpler, letting you sell...
10
Feb
Downsizing for Retirement: Your Path to Easier, More Enjoyable Retirement Living
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Posted by
Annie
Downsizing for retirement can unlock more freedom, financial security, and a low‑maintenance lifestyle in your later years. This guide explores how you can adjust to retirement, what to consider before you move, and why over‑50s lifestyle communities such as Living Gems are an attractive option for modern retirees.
What is downsizing for retirement?
Downsizing for retirement generally means moving from a larger family home into a smaller, more manageable property. Many over‑50s choose to sell the traditional family home and move into typical options like townhouses, retirement villages, or over-50s lifestyle resorts that better suit their evolving needs.
Why people downsize in retirement
There are different reasons why you might want to downsize – are you wanting to cut down on maintenance, reduce ongoing and rising costs to free up time and money for travel, hobbies, and family? First, less space means fewer hours spent on cleaning, gardening, and repairs, which helps retirees focus on lifestyle rather than chores. Second, a smaller home usually means lower mortgage payments or no mortgage at all, plus reduced bills for rates, insurance, and utilities. Third, downsizing can release...
04
Feb
Deferred Management Fees Explained: A Hidden Cost for Over 50s?
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Posted by
Annie
Heard about deferred management fees and don’t know how it can impact your financial future? Deferred management fees (DMFs) lurk in many retirement village contracts, quietly eroding the financial security of over-50s. But that’s not the case at Living Gems. Operating on a land lease model, there are straightforward fees involved, with no hidden charges like exit fees or deferred management fees. Often disguised as "ongoing service fees," these deferred management fees accumulate over several years, deducted from your home's sale proceeds when you leave. For Australians planning retirement in Queensland, understanding deferred management fees is crucial to avoid surprises that derail your lifestyle dreams. What Are Deferred Management Fees? Deferred management fees represent a percentage—typically 25-35%—of your original purchase price or resale value, charged annually but deferred until exit. In retirement villages, operators like those under the Retirement Villages Act impose DMFs for "maintenance and services," compounding over time. A $500,000 entry might trigger $10,000+ yearly, and snowballing to $100,000+ after a decade, slashing your equity upon sale. How Deferred Management Fees Impact Over 50s Financial Planning For over-50s, DMFs create uncertainty when you need stability most. It disrupts retirement budgeting by...
02
Feb
Financial Benefits of Land Lease Communities in Queensland
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Posted by
Annie
Ever wondered how land lease communities in Queensland can supercharge your finances as an over-50s? Often referred to as lifestyle communities, they let you own your home outright while leasing the land for a simple weekly site fee—saving big on taxes, upkeep, and hidden costs that eat into traditional homeownership. Land lease communities in Queensland deliver substantial financial advantages for over-50s seeking a resort-style lifestyle without the burdens of traditional homeownership. As you plan your transition, this model supports confident downsizing and long-term financial planning. No Stamp Duty or Ongoing Fees Fees can add up when you own a traditional home, but you can skip the stamp duty sting with land lease communities. Purchasing a home in a land lease community means avoiding stamp duty and other upfront government taxes typically associated with buying property. This streamlined approach keeps initial and recurring costs low, putting more money back into your pocket from day one. No Exit Fees or Deferred Management Fees Land lease communities in Queensland stand out with no exit fees or deferred...
05
Aug
The low-down on land lease communities
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Posted by
Heather Millar
When it comes time to rightsize your home for your over-50s and beyond, there’s a lot of choice — and, sometimes, a lot of jargon. Land lease communities let you own your home while leasing the land beneath it – a smart, affordable choice for Queensland retirees. Living Gems CEO Anthony Puljich explains what land lease communities are, its key benefits, common questions that pop up, and why they’ve become one of Australia’s fastest growing housing types.
What is a land lease community?
Land lease communities, often described as over-50s lifestyle resorts, are residential enclaves where homeowners own their homes and rent the land, through a modest weekly site fee. Homeowners also have the peace of mind that their legal right to occupy their land, as per their site agreement, is protected under the Queensland Government’s Manufactured Homes (Residential Parks) Act 2003.
Key benefits of land lease communities
You own your own homeA key distinction between land lease communities is that you own...
20
Jul
Spoiling your best mate (because why not?)
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Posted by
Matt Harris
Our Living Gems communities are proudly pet friendly because life’s just better with your best mate by your side. Whether it’s wagging tails, happy meows or cheerful chirps, our furry and feathered friends bring a whole lot of heart to everyday life.So why not spoil them a little? We’ve rounded up some top-notch pet gear that’s as practical as it is good-looking – because let’s be honest, no one wants ugly dog beds cluttering up the lounge.
For dogs who like the finer things
A designer dog house: Forget the old kennel out the back – this sleek plywood dog room is perfect for pups who appreciate modern living. From $729.A Chewy Vuiton handbag: For the dog who loves a bit of glam, this plush squeaky toy brings the laughs (and the squeaks). $29.95The Wallace dog bed: Tailored linen cover, plush insert – this bed is basically cloud-soft comfort for four-legged royalty. $260A toy kit that ticks all the boxes: Different textures,...
18
Jul
What is a land lease community?
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Posted by
Heather Millar
If you’re over 50 and ready for less maintenance and more lifestyle, land lease communities might be just what you’re looking for. A land lease community (LLC) is a housing type that delivers a lot of value. You own your home outright and lease the land it sits on, with your right to live there protected by law. It’s a smart way to rightsize, release equity and boost your lifestyle – without the heavy costs of traditional retirement options.
How does it work?
Buying into a land lease community means: You own a brand-new, high-quality home You lease the land and pay a modest weekly site fee There’s no stamp duty You keep 100 percent of any capital gains when you sell There are no entry or exit fees And if you are eligible for the Age Pension or Department of Veterans’ Affairs support, you might be eligible for rent assistance, making things even more affordable.
Financial benefits
No stamp duty or fees: Purchase your home without upfront government...
18
Jul
Adjusting to retirement – your guide to doing it your way
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Posted by
Matt Harris
Retirement should feel like a new beginning – a chance to live life your way. But let’s be real – making the shift from full-time work to full-time freedom doesn’t always happen overnight.Whether you’re saying goodbye to a long career or figuring out how to manage a new income, it’s normal to feel a mix of excitement and uncertainty. With the right approach, though, you can make retirement one of the most rewarding chapters yet.
The emotional side of retirement
Stepping away from the working world can feel like losing part of your identity – and that can take a toll. Research shows up to 15 percent of older Aussies experience depression, with anxiety numbers not far behind.This is what’s often called ‘adjusting to retirement’ depression. You might feel lonely, unmotivated or like you’re searching for purpose – especially if work gave you a strong routine and regular social contact.The Australian Psychological Society reckons building resilience and staying socially connected can make...
17
Jul
Simple steps to a stronger you
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Posted by
Matt Harris
Boost strength, energy, and confidence – no gym required
When it comes to building strength, it’s not about lifting heavy weights or pushing through discomfort. It’s about developing a body that supports your day-to-day activities and builds confidence in your ability to move well and stay independent.Health and Lifestyle Coordinator Josh Kristenson says the best part is how accessible it is - you don’t need fancy equipment or a gym membership to begin.
Start with your own body weight
Everyday movements like standing up from a chair without using your hands, doing heel raises at the kitchen bench, or slowly squatting while tending to the garden can engage your legs, hips, and core muscles. These small actions, done regularly, lay a strong foundation.
Turn household items into tools
Grab a couple of canned goods, filled water bottles, or a backpack with books and try some gentle strength movements like bicep curls, overhead presses, or rowing actions. Aim for 8 to 12 reps at a time,...
