For many people over 50, finding the perfect lifestyle village to enjoy their retirement years is a significant decision. At Riverbend, we understand that it’s not just about the community and amenities, it’s also about making financially sound choices. And one of the biggest benefits of choosing one of our villages is the absence of entry or exit fees. Here, we’ll explore both the financial and emotional advantages of opting for a no fee lifestyle village, and why this model is becoming a popular choice among retirees.
The traditional retirement village model often comes with hefty entry fees that can take a significant chunk of your savings. In contrast, Riverbend’s over 50s lifestyle villages offer a no entry fee policy, which allows residents to move in without paying a large sum upfront. This provides immediate financial relief, leaving more of your hard earned money in your pocket to enjoy the things that truly matter, like travel, hobbies or simply enhancing your quality of life.
Not having to pay this fee also makes the move more accessible for those who want to downsize but still maintain financial flexibility. It eliminates the stress of locking away a significant portion of your assets, giving you the peace of mind to use your money as you see fit. The financial freedom offered by villages such as ours allows residents to enjoy a comfortable retirement without the burden of large upfront costs.
Exit fees or deferred management fees, are common in many traditional retirement villages. These fees can often come as a surprise when residents decide to sell their property or move out, creating an emotional and financial burden during what can already be a stressful time. At Riverbend, we eliminate this worry by offering no exit fees in all our lifestyle villages, which means that residents and their families can enjoy complete transparency and peace of mind, knowing that they won’t be hit with unexpected costs when the time comes to move on. The assurance that there are no hidden fees at the end of your stay provides a sense of security, allowing you to focus on enjoying your lifestyle without worrying about the financial implications later. No exit fees also ensure that your family will not face unforeseen expenses, making the transition smoother for everyone involved.
Riverbend’s over 50s lifestyle villages in Yandina, Burpengary, Hervey Bay and Agnes Waters to name just a few of our projects are designed to offer maximum value to their residents, and the no-entry, no-exit fee model is a significant part of that. In addition to saving you money, these locations provide exceptional living conditions, with high quality facilities, well-maintained common areas and a strong sense of community. Each of our locations benefits from no fee structure, allowing residents to live comfortably while maximising the value of their investment. Our transparent, straightforward pricing model that ensures you get the best return on your money and peace of mind during your retirement years.
Another major advantage of choosing a no entry and no exit fee lifestyle village is the flexibility it provides for future financial planning. Without having to pay a large sum upfront or worry about exit fees later on, you retain control over your finances. This flexibility is particularly valuable for those looking to leave a financial legacy for their children or grandchildren, as it allows you to preserve more of your assets for future generations.
The ability to move without facing high fees also means you can adapt more easily to life changes, whether that’s relocating to be closer to family or pursuing a new lifestyle opportunity. We recognise that your retirement should be filled with freedom and choice, and our fee free model supports that vision.
Without the burden of these fees, you’ll enjoy greater financial freedom, peace of mind and flexibility, allowing you to make the most of your retirement years. And at Riverbend, we’re committed to offering our residents a transparent, no fuss approach to lifestyle living, ensuring that you can relax and enjoy your community without the worry of hidden costs.