How much money do you need to retire - your thoughts?

[PhilT]

Welcome to the Community @Floss62

I merged your post into this existing topic you might peruse, as well as these about ‘retirement lifestyle communities’.

Retirement Village Resources, Ripoffs, Security, and Issues

Edit: New readers to this topic might wish to join it as of August 2023 by clicking here. The Baby Boomers need our help. On the cusp of - or amidst- retirement and with the weight of their Millennial and Gen Y children soaking up their life savings this generation are looking at options to downsize, capitalise and vitalise their living options in a very expensive era. So-called ‘retirement villages’ are an option very popular in Australia and the USA, where people may obtain smaller residence…

Retirement Village contracts should be standardised federally

With a federal election due by May, this is a great opportunity for Retirement Village residents, who, for the most part, have been ripped off by signing complicated contracts which neither they, nor unfortunately, their lawyers understood, to achieve some justice and peace of mind in their declining years. I sought legal advice as advised and accepted this advice. However, I now know that neither he nor I could make an informed decision regarding the appropriate lease for my circumstances, as…

and while much of it is dated, there are some good links included with the last update 2021.

YourLifeChoices Retirement Affordibility Report

YourLifeChoices regularly release a report into Retirement Affordability. and the Sept 2017 report is now available as a pdf at Or you can read the document online at It may have some interesting information and advice for you.

I trust this is helpful to get you going.