Description | Gladys Mackenzie

Share

Family bonding is necessary for family growth and unity. However, just as little birds who have mastered the art of wing flapping will one day fly away to live apart from their mother’s nest, your young lads will one day leave home to start their own family.

If you have a strong bond with your children, seeing them leave you can be strange and difficult to bear. But you know you can’t keep them at bay; just as you abandoned your own immediate family, they will do the same. The best way to deal with this situation is to recognise that life is a circle.

So, rather than attempting to persuade your grown-up children to live in the family home as one big family, why not consider taking the 55s family home plan more seriously? Staying in a community with people your age will reduce your chances of developing depression. The reason for this is that the majority of people living in 55s family homes are your age group, making it easy for you to socialise and make new friends at that stage of your life.

Why should you live in a residential community or village?

Remember that you are getting older, and if your children choose to live far away from the family home, staying alone all by yourself can increase your chances of boredom. The best advice you can get at this point is to relocate to a new environment, but this time a 55+ community will be the best option.

The 55s residential community or village is primarily intended for senior citizens. This community’s building style is always considerate of your age. What else? People in this community are your contemporaries, and they have had similar experiences to yours.

Other reasons why you should consider a 55+ community

  • The environment is safe, and developers always consider your age to ensure the safety of you and your loved ones.
  • The 55s residential communities, shopping centres, medical services, and public transportation are all within walking distance of the district.
  • Bowling alleys, heated swimming pools, libraries, bars, and gymnasiums are examples of home fixtures and fittings.
  • The community is solely for people who fall into your category. As a result, you can rest assured that your neighbours are people who have had similar experiences to you.

What is the difference between a lifestyle community and a retirement community?

Although both a lifestyle community and a retirement village have some similarities in that they are both designed for seniors, they are not the same. Before you agree to buy either of the two, you should research what the federal and state laws say about each community.

The reason for this is that understanding the legal structure of each state will help you understand how they differ. For example, what is known as a community lifestyle in one state or territory may be considered a retirement village in another.

Why is there such a focus on legal definition?

In general, the same legislation that governs mobile home and caravan park residents also governs lifestyle communities, while retirement villages are governed by the same legislation that governs strata title property ownership.

The legislation governing most retirement villages requires interested parties to pay stamp duty based on the property title or licence. However, stamp duty is not required in a lifestyle community. Instead of paying stamp duty, you will have to pay a weekly or monthly rental fee on the site.

Finally, consider

As you get older, it’s critical to plan for a home that’s appropriate for your age, especially if your grown-up children leave the house. Moving into a retirement village or lifestyle community should be considered if you want to remain active after that. However, before deciding on either of the two, you should research the legislation supporting them in the state or territory where you intend to relocate in order to protect your investment.

If a lifestyle community sounds like something that you’d be interested in, take a look at some lifestyle community properties for sale.

Be sure to read the following articles: