The difference between a lifestyle village and a retirement village is often misunderstood. To clear up the confusion, Rachel Lane joined Glen James on the RetireRight podcast to break down the real costs, benefits, and potential pitfalls of each.
🎧 LISTEN to the podcast below…
They cover:
👉🏼 How contracts and fees differ
👉🏽 Whether you own the home, the land, or neither
👉🏾 The real deal with exit fees and capital gains
👉🏿 What to check before signing the dotted line
👉 How to know if a village is the right fit for you
As Glen put it, you only get one chance to get it right — so knowing what you’re signing up for is key! Rachel and Glen explore how these communities work, the legislation that applies to each, and what that means for your long-term financial security.