Retirement Options

Retirement options for older Australians can be varied and sometimes complex. The table below shows a comparison between two popular options among retirees, a retirement village unit or for example a unit on the Gold Coast. The point made in the table is the dramatic negative impact a retirement village will have on the life savings of the retiree over time as compared to say a Gold Coast unit or unit ownership anywhere. In Option B the retiree continues to move forward in terms of a capital base whereas in Option A the retiree suffers an ever decreasing capital base.

Of course in the end a retiree is free to choose an option that suits their personal circumstances best.