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 advance and having your rent paid back to you when you terminate your lease sounds like a bad investment, then the Life Right model might not be right for you.
However, if you want to be secure in the knowledge that the retirement village of your choosing is able to financially sustain the lifestyle and care you are buying into, then Life Right is your best life investment.
The older we get, the more important community, family and friends become to us. Most retirees are not looking for an additional investment opportunity but rather seek the support they need in every aspect of their life – for the rest of their life – from their health to their social requirements.
Most seniors will buy into a retirement facility based on the facilities, services and lifestyle offerings. The last thing you want is to put your hard-earned money into a facility that cannot sustain the original reasons you chose to move there in the first place. But the reality is that – despite its best intentions – a retirement facility with a poor financial model cannot continue to offer and support top notch services for years to come.
The Life Right model enables retirement developers to continuously afford to give you what you originally bought into, and ensure that you enjoy a sustainably thriving lifestyle for the rest of your life.
Great Oaks Retirement Village isn’t a place where the boxes are ticked to simply meet residents’ most basic needs. It was created to offer luxury retirement, coupled with world-class facilities and services, and cutting-edge care practices. It is only through utilising the Life Right model that it can ensure financial stability for the future.
You deserve more. You deserve a financially stable retirement village that can afford to offer you a thriving lifestyle for the rest of your life. And the Life Right model gives you that.