A seminar aimed at informing those who might be considering living in a retirement village about all they need to know is to be held in Gore.
The Commission for Financial Capability is running free seminars about living in retirement villages, with support from the Retirement Villages Association and experienced legal practitioners.
Commission for Financial Capability national manager Troy Churton said the seminars were for intending retirement village residents and their families.
“The seminars focus on things to consider before choosing to live in a retirement village and practical tips before you sign up to live in a retirement village,” Mr Churton said.
He would discuss types of retirement village structure, costs and operations, he said.
The seminars would also cover some important resident’s rights and where to find out more information.
“Around 12.5% of all 75-plus-year-olds have chosen to live in a retirement village and the number of residents is expected to double in the next 20 years,” he said.
The commission provides the seminars to help people understand what they should be thinking about before they sign up to live in a requirement village.
The commission delivers objective, neutral information about the personal, legal and financial implications involved with retirement village living, or not, and other options.
The seminar is about 90 minutes long with plenty opportunities to ask questions throughout.
“It seems to be well received,” Mr Churton said.
The seminars were not just suited to older people but also to families and people generally interested in the topic of retirement living, he said.
Grey Power Eastern Southland treasurer Lynley Leatham said Grey Power supported the seminars and urged people to attend.
Mrs Leatham said Mr Churton would give an impartial view regarding requirement village living.
“I know there has been a wee bit of interest from people that aren’t even [Grey Power] members,” Mrs Leatham said.
The Gore seminar will be held at the James Cumming Wing on December 12, starting at 11am.
Morning tea will be served to those who register.