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Are you considering shifting into a retirement village and want to know more about the costs? In this Q&A with Roger Pallant, President of the Retirement Village Residents Association (RVRA) we’ll discuss the costs of entering a retirement village, the ongoing costs of day-to-day living and the costs associated with leaving a retirement village.
Join us for what is sure to be a fascinating and revealing conversation about all the costs associated with Retirement Village living. Have your questions ready!
We’ll cover:
Contract types and key differences
The legal framework
New pricing models and extra costs
What you are paying for when you buy into a village
Who pays for what
What a capital works fund is and how it works
What the asset management plan is
Other costs you can expect
Making changes to your unit
Along with these critical exist fees and scenarios
Getting your place ready to sell
Deferred management fee (Key exit cost)
Capital gain
Other exit costs
What if the unit doesn't sell?
Special aged care provision
Special Guest
Roger Pallant, President of the Retirement Village Residents Association (RVRA)
Diploma of Teaching/GradDip Training and Learning Development/Master of Business Human Resources Management.
Avionics Engineer RAAF 22 years
National HR Manager – Manufacturing
Consultant in Management/Disability sector for 20 years
Board member Retirement Village Residents Association (RVRA) for 5 years – currently President. The RVRA is the only lobby group that represents retirees living in retirement villages in NSW.
Author of Ageing Without Fear report into psychological abuse in retirement villages, and the National Survey “Have Your Say” in response to negative media reporting of the RV sector. Author of recently released “Support at Home National Survey Report”.
Keynote speaker and panel member at National and State retirement village forums.