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Articles

How to Help Your Parents Plan for Retirement

It’s tempting to avoid discussing money with your parents, and it certainly becomes even harder as they near retirement.  As important as it is to have conversations around financial planning for your parents’ old age, the truth is that it can be awkward and sometimes emotional for many ...

Rising trend in multigenerational retirement estate living

People are living longer and remaining in better health, thanks to advances in modern medicine. Most of today’s baby boomers – people in their 60s & early 70s – are still living independent, active lives, with many still working in some capacity and looking for living conditions...

Is Life Right a “Good Investment”?

While the Life Right model is a popular form of retirement ownership internationally, it is still a fairly new concept in South Africa. For this reason, people are often advised against purchasing life rights when considering their retirement options. If renting a property, paying the rent in adv...

Press Release: Harbour Bay Village has officially launched Phase 2

Cape Town, Western Cape, 15 June 2021 Phase 2 in the Cape’s most exclusive retirement development, Harbour Bay Village is now selling. The village represents a massive R 1 Billion investment into Simon’s Town and the surrounding area. Purchasers of a unit in Phase 2 of the village stand a cha...

Unravelling the Life Right Model when it comes to retirement – by Phil Wilson – Evergreen Lifestyle

Covid-19 has made South Africans acutely aware of the need to remain socially distanced from one another – and while their lives may depend on this, the resulting loneliness and isolation experienced by the elderly has created huge cause for concern.  Families living apart from elderly par...

Subsidised Old Age Homes Western Cape

The South African government provides subsidised old age homes Western Cape based for seniors needing 24-hour care. If you or your loved one is over 60 or 65 for females and males respectively, they could qualify for this government initiative. Apply directly to the individual old age homes. Here...

Rand Aid’s new Glendower development

Zabeth Zühlsdorff, Rand Aid’s GM: Services and Advance Division, says interest remains high in the NPO’s proposed development at Glendower. “We are encouraged by the continued interest in our proposed Glendower development and by all the people who have phoned us for a progress update. Dur...

Here’s how retirement communities are adapting to a Covid-19 world

The world changed in 2020 and it’s unlikely it will ever look the same again. This is especially true of the retirement sector. Many South African retirees have been forced to reassess their priorities and adjust their daily lives to reduce the risk of exposure to the disease and to deal with t...

The benefits of retirement village living for active retirees

Let’s face it, retirement isn’t what it used to be! As a Baby Boomer, you can expect to live 10 to 25 years longer than your parents did, and there’s a good chance you’ll be healthier and more physically active than they were at the same age. But that doesn’t necessarily mean you’re k...

Life Right

What is a Life Right?  Buying a Life Right can be viewed as the ideal way to purchase a home if you are of retirement age. The concept of Life Right is officially recognized by the Housing Development Schemes for Retired Persons Act 65 of 1988 so it is legally regulated. Buying a Life Right &hel...