In a nation where age-friendly accommodations are gaining popularity, Australian adults are increasingly drawn to retirement villages. Buys et al. (2006)[1] showed that community living arrangements, such as retirement villages, offer greater freedom and choice, leading to increased face-to-face contact with family. Another author Hu et al. (2017)[2] found that these communities, which are tailored […]
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The post Transitioning from Retirement Villages to Aged Care: A Financial Tightrope for Older Australians appeared first on Actuaries Digital.