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Financial planning for retirement village living: a qualitative exploration

Citation

Finn, J and Mukhtar, VY and Kennedy, DJ and Kendig, H and Bohle, P and Rawlings-Way, O, Financial planning for retirement village living: a qualitative exploration, Journal of Housing for The Elderly, 25, (2) ISSN 0276-3893 (2011) [Refereed Article]

Copyright Statement

Copyright 2011 Taylor & Francis Group, LLC

DOI: doi:10.1080/02763893.2011.571107

Abstract

This Australian exploratory study investigates the financial considerations retirees experienced before moving into a retirement village. A qualitative content analysis was undertaken on the responses of 52 retirement village residents, who were part of a much larger study on retirees’ accommodation choices in 2007. The respondents were grouped according to income, and the results were compared across the following groups (self-funded retirees, part-pension retirees, and full-pension retirees). Differences between the groups extended beyond affordability. Both pension groups were more anxious about the increasing costs of maintenance fees than self-funded retirees, and the importance of pensions and superannuation was also discussed.

Item Details

Item Type:Refereed Article
Keywords:retirement village, financial considerations, fees, superannuation, pensions
Research Division:Medical and Health Sciences
Research Group:Public Health and Health Services
Research Field:Aged Health Care
Objective Division:Health
Objective Group:Specific Population Health (excl. Indigenous Health)
Objective Field:Health Related to Ageing
UTAS Author:Bohle, P (Professor Philip Bohle)
ID Code:131422
Year Published:2011
Deposited By:TSBE
Deposited On:2019-03-18
Last Modified:2019-04-26
Downloads:0

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