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Frequently Asked Questions – Retirement Villages

If you are thinking about whether a Retirement Village at TriCare is right for you – we are sure you have many questions. The following are typical questions we get asked, check them out below. Q: What will I own? You will be purchasing a new home on a lease agreement. Therefore, you will not […]

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Retirement village fees explained

At TriCare, we believe in transparency and fairness when it comes to your financial wellbeing. Retirement villages operate very differently to the residential property that you may be familiar with. For starters, you buy a “right” to occupy your unit in the form of a long-term lease. To buy this lease, you pay the lease […]

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A life being resourceful pays off for a fellow village neighbour in need

What do you do when part of your Retirement Village neighbour’s skylight flies off during a cyclone? You replace it with a Bunnings umbrella, of course! When Cyclone Alfred loomed large on the south-east Queensland coast, TriCare Compton Gardens Retirement Village resident, Adrian De-Heer, was not expecting to rise to the status of Aspley in […]

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What is the difference between a retirement village and an over-50’s community? 

Over-50’s communities have exploded across the country over the last ten years and are a popular downsizing decision for retirees. But how are they different to retirement villages?  The over-50’s (or lifestyle communities) are very different to retirement villages. Here are some of the key differences:  1. Legislation  Retirement villages operate under State retirement villages […]

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What is the difference between a retirement village and an aged care residence? 

People often use the terms retirement village and aged care living interchangeably, but they’re actually very different. This confusion around retirement villages and aged care is common — and understanding the distinction can make a big difference when planning the next stage of life. In summary, a retirement village what TriCare offers, retirement living — […]

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Ever heard of the “Sandwich Generation”? 

The “sandwich generation” describes the demographic (usually Gen X-ers) caught in the unique, challenging position of juggling the dual responsibility of raising children while simultaneously caring for ageing parents.   The emotional, financial, and physical demands placed on this group are immense, but when we look closely, one trend often stands out: the burden of caregiving […]

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How do retirement villages work?

Buying into a retirement village is very different to buying a standard residential home.  In a retirement village, you buy a “right to occupy” the unit, in the form of a long-term lease or licence. Your upfront payment is called an “ingoing contribution” and is kind of like a bond, in that it is repaid […]

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The Job Ready program that’s helping all generations at Stafford Lakes Retirement Village

The Holt Bolt program at TriCare Stafford Lakes is bridging generations, giving young people of all abilities real-world work experience while enriching the community. At TriCare’s Stafford Lakes Retirement Community, something wonderful is happening. Every Thursday morning, a group of bright, enthusiastic young people arrive, ready to roll up their sleeves and get to work. […]

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