The Retirement Village Calculator

 

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Retirement Village Calculator

 

Moving into a retirement village can be a difficult undertaking for many older people. The many fees and charges encountered can make it difficult for prospective residents to understand the full cost. NSW Fair Trading has developed this online tool that can quickly calculate an estimate of the entry, ongoing and exit costs associated with retirement village living. 

 

The Retirement Village Calculator  is designed for people who are thinking about moving in to a retirement village. Current residents can also use it  to get an understanding of their estimated exit costs. Trials showed it was suitable for most people in the target group (aged 55-75) as they were connected online and familiar with web-based tools. 

                                     People in a retirement home

URL: https://www.fairtrading.nsw.gov.au/housing-and-property/strata-and-community-living/retirement-villages/retirement-village-calculator

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