- Home
- What we offer
- Frequently asked questions
- Transition to retirement living
Your guide to the transition to retirement living
Moving into a retirement living community can be complex and making the right decision for you requires the best information and advice. In this article we provide relevant information to help you better understand the transition to retirement.
Ryman Healthcare is a leader in providing retirement living and aged care solutions. We have led the sector for almost 40 years, with almost 50 villages across Australian and New Zealand.
Understanding the transition to retirement age
The right time to retire is unique to every individual - we all want to get different things out of life at different stages.
In Australia, the pension age is 65, so this is a common point where many people decide to pull back from work, rethink their accommodation needs, and enjoy a lifestyle unencumbered by the 9-5 grind.
Finances plays a big role on decision-making. Making sure you have the finances to live the life you want to lead for the next 20-30 years is essential to making the decision to move into retirement living.
Your health needs can often determine these decisions as well, whether it’s stress from work or the need for more care with day-to-day tasks.
Tax implications
Retirement is an opportunity and a chance to engage in a whole new period of your life, but it’s important to be aware of the tax implications of moving into a Ryman village.
You can read more about this at here.
How does Ryman make the transition to retirement easier?
Freedom and flexibility are key to making the transition to retirement living easier with Ryman.
Often referred to as a departure fee or exit fee, the deferred management fee is an amount that becomes payable when you permanently vacate your village unit.
The deferred management fee gives you the right to occupy your unit and enjoy the village amenities. It is calculated as a percentage of the entry fee that you pay when you move into your unit.
We will also not increase your base weekly fee for the entire time you occupy your apartment or villa at the village, regardless of any changes to the operating costs at the village.
We’re so confident you’ll be happy with your decision to move to a Ryman village, we will provide you with a 90-day money-back guarantee.
Award-winning Resident Experience app, myRyman aged care app, clinically-designed Triple-A exercise classes to support health and mobility. Fully integrated retirement and aged care means residents can enjoy independent living in an apartment or villa, assisted living in a serviced apartment, residential aged care in the villages care centre, and Ryman home care services tailored to their needs wherever they are.
The Ryman Difference
Transition to retirement with peace of mind. Ryman Healthcare is a leading provider of retirement living and aged care in Australia. We offer several unique advantages:
Certainty About Living Costs
Ryman residents enjoy transparency in costs, with no hidden fees. The deferred management fee is capped, providing financial peace of mind.
Variety of Care Options
Ryman provides a continuum of care, from independent living to specialist dementia care, ensuring residents can age in place comfortably.
Community
Ryman promotes a vibrant community atmosphere.
Innovation
Ryman embraces innovative technologies like eCabs for transportation and the myRyman Care app for personalised care.
Ryman’s Peace of mind guarantees make for a worry-free transition to retirement
Deferred management fee
Often referred to as a departure fee or exit fee, the deferred management fee is an amount that becomes payable when you permanently vacate your village unit. The deferred management fee gives you the right to occupy your unit and enjoy the village amenities. It is calculated as a percentage of the entry fee that you pay when you move into your unit.
Fixed base weekly fee
We know how important it is for you to have certainty regarding your living costs.
We guarantee that we will not increase your base weekly fee for the entire time you occupy your apartment or villa at the village, regardless of any changes to the operating costs at the village.
Care options to suit your needs
Fees stop immediately
We guarantee that the weekly fee and deferred management fee will stop on the day you permanently vacate your apartment or villa.
No hidden costs
We accept total responsibility for refurbishing, marketing, and on-selling your apartment or villa. These costs are covered by the deferred management fee.
We guarantee not to charge for any sales, administration, marketing, or refurbishment costs when we on-sell your apartment or villa.
Repayment promise
No capital loss
We guarantee that the amount repaid to you will not be affected by a decline in the value of your apartment or villa.
Changing your mind
We guarantee that we will cancel the contract and refund your deposit in full if you change your mind within 21 days of signing your application form or within 3 working days of signing the residence contract.
90-Day money back guarantee
We guarantee that we will repay your capital sum in full if, on the expiry of 90 days after taking up permanent residence, you are unhappy with your decision to move into your apartment or villa and wish to leave the village.
Living Options at Ryman Villages
Independent Living
Spacious apartments and villas for active residents. These homes feature full kitchens and come in one, two and three-bedroom options, perfect for entertaining guests with the freedom to come and go as you please.
Serviced Apartments
For those who want more support with daily tasks. These apartments feature an ensuite and a kitchenette, and come with support, like housekeeping and a chef-prepared meal every day.
Low Care
In low-level care, we provide exceptional clinical care by creating a customised care plan, while you enjoy feeling connected and supported in our care centres. Residents have a spacious private room and ensuite and call bells monitored 24/7.
High Care
In high-level care, we can support you with any chronic health needs or during a recovery period, while you enjoy feeling connected and supported in our care centres. . Residents have a spacious private room and ensuite and call bells monitored 24/7.
Specialist Dementia Care
In low-level care, we provide exceptional clinical care by creating a customised care plan, while you enjoy feeling connected and supported in our care centres. Residents have a spacious private room and ensuite and call bells monitored 24/7.
Respite care
In low-level care, we provide exceptional clinical care by creating a customised care plan, while you enjoy feeling connected and supported in our care centres. Residents have a spacious private room and ensuite and call bells monitored 24/7.
Community
Ryman promotes a vibrant community atmosphere. Couples can stay together if their needs differ.
Understanding the transition to retirement age involves considering factors such as finances and health needs.
At Ryman, we provide transparency in costs, a variety of care options, and peace of mind guarantees, ensuring residents can age comfortably and confidently in their chosen community.
We’re here to help, so reach out to us for more information or to schedule a visit to one of our villages.
