For those planning their retirement, the question of how to finance this next stage of life can be daunting for some.
While the government offers the Age Pension, $826.20 for singles and $1245.60 for couples paid fortnightly, this is not always necessarily enough to live on.
There are a number of options to get extra cash in your pocket, such as a reverse mortgage, but is this the best solution?
It is an often-stated view that Baby Boomers are typically cash poor and asset rich, making right-sizing an attractive way to free up the equity in your home.
Right-sizing is the process of finding a home that better suits your wants and needs. This process offers the opportunity to free up your time and to focus on the things that are most important to you.
Over 50s resort-style communities are among some of the most popular retirement living accommodation options in Australia. There are an overwhelming number to choose from with close to 200 communities in Australia.
Lifestyle resorts across Australia offer different styles of living from multi-story apartments to duplexes and full-sized homes at prices for every budget.
Living Gems lifestyle resorts offer a popular formula to home ownership; they are beneficial financially and offer homeowners peace of mind.
“We make dreams possible because we make them affordable.”
Living Gems is a Queensland based, family owned and operated lifestyle resort company, with eight resort locations across south-east Queensland.
Living Gems general manager, Vlad Pullich says free standing homes in the Toowoomba and Logan Village resorts start as low as $350,000 and offer an impressive set of standard inclusions.
“Our aim is to provide a resort lifestyle for active over 50s, seniors and retirees which is why we offer such an extensive range of premium facilities in our new resorts.”
“The recent opening of the multi-million-dollar country club in our Toowoomba resort is an exciting milestone. It is the newest addition to the resort”
“The country club is fitted with a lounge, bar, ballroom and a cinema.”
“Other facilities include a heated swimming pool, spa, sauna, BBQ pavilion, gym, bowling green, tennis court, games room, hair salon, library, music room, workshop plus an art and craft studio.”
“With everything you need in one place you don’t have any hefty membership fees or travel fees that other gyms and sporting clubs would normally charge,” says Mr Pullich.
For more information
1800 785 594