Have you been exploring a move to a retirement village? Or perhaps looking at options for a parent or relative? From a lifestyle perspective the decision can be clear, but what about the financial implications?
Have you been exploring a move to a retirement village? Or perhaps looking at options for a parent or relative? From a lifestyle perspective the decision can be clear, but what about the financial implications? Whilst we often appraise homes for clients looking to downsize and try to make the sale of their property as straightforward and stress free as possible, buying a retirement property can be a more complicated transaction. To find out more we turned to David Hasib, from Orbit Wealth Advice, who suggested there are three key things to consider before making the change – 1. Paying the entry cost, 2. Ongoing cashflow and 3. Funding aged care. Download the full guide and read more HERE or contact David for a complementary discussion on 1800 93 10 20 or [email protected]
by Josh Luschwitz in Latest News
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