Is it time for a retirement plan check-up?
Retirement’s not about slowing down – it’s about choosing the life you really want. And according to retirement expert and bestselling author Rachel Lane, there’s never been a better time to check in on your plans.
With the cost of living still biting and superannuation changes on the horizon, Lane says downsizing could be one of the smartest moves over-50s can make.
“Downsizing can unlock lifestyle and financial freedom,” says Rachel. “You’ve got to think beyond the sale price – it’s about what you’re gaining.”
And for those moving into a land lease community, like a Living Gems lifestyle resort, that gain includes some unexpected perks. One of the big ones? A boost to Commonwealth Rent Assistance.
“The allowance increased by 10 percent in the 2024-2025 Federal Budget – on top of the 15 percent bump last year,” she explains. “For retirees on the Age Pension, that can make a big difference to everyday affordability.”
Here’s how it works: if you own your home and pay site fees over the current rent threshold ($242 a fortnight per couple), the government reimburses 75 cents for every extra dollar up to $199.80 per couple. That’s money back in your pocket – every single fortnight.
But what about costs? Rachel says it pays to ask three key questions:
- What are the ingoing costs?
- What are the ongoing costs?
- What are the outgoing costs?
“Look for a place that’s upfront and transparent,” she says. “No surprises, no fine print. Just ease and confidence – that’s what makes all the difference.”
It’s not just about money, either. From November 2025, the new Support at Home program will replace existing aged care schemes, making it easier to stay independent for longer – especially in thoughtfully designed homes.
“Little things, like walk-in showers or a kitchen layout that works if you ever need a walker – these make day-to-day life easier,” Rachel adds. “Lifestyle resorts already build this in. It’s peace of mind without compromising on comfort.”
And then there’s community – something you won’t find in every neighbourhood.
At Living Gems, residents get the freedom of owning their home, with no entry or exit fees, no stamp duty, and 100 percent of their capital gains – all while being part of a vibrant, social resort.
“It’s about having the support you need and the lifestyle you want,” says Rachel. “And the good news? It’s more achievable than many people realise.”
