People also ask about retirement

Who are the Big 6 retirement villages NZ?

• The ‘Big Six’ retirement village operators are Ryman Healthcare, Summerset, Metlifecare, Arvida, Oceania and Bupa - who own and operate the majority of Retirement Village units in NZ.

How many people are in retirement villages NZ?

• In New Zealand, approximately 5% of people aged over 65 and about 14% of those over 75 live in retirement villages. This suggests a significant number of seniors choose retirement villages as their living option in the country*

What is the difference between a retirement village and a lifestyle village in NZ?

• A retirement village may have a care facility available were as a lifestyle village doesn't and will have a lower entry age set - around 55. 

What is the youngest age to live in a retirement home?

• All villages have different ages set. Some start at 55 and above and others have a minimum age of 70. Lifestyle villages generally have a lower age entry as opposed to a retirement village. 

What is the difference between a care home and a retirement village?

• A care home provides a higher level of personal and medical care to older seniors who need assistance with daily activities or have complex medical needs. Residents typically live in private or shared rooms with around-the-clock staff support and organised activities. In contrast, a retirement village caters to more independent older seniors who want to maintain an active lifestyle. Residents live in private homes or apartments and enjoy amenities such as fitness centers, pools, and social events, with minimal assistance and emergency support available if needed.

What is the purpose of a retirement village?

• The purpose of a retirement village is to provide older seniors with an active and independent lifestyle in a community designed specifically for their needs and interests. Retirement villages offer private living spaces, such as houses, apartments, or villas, alongside a range of amenities and services like fitness centers, swimming pools, clubs, organized activities, and social events. These communities aim to foster a vibrant, social atmosphere where residents can enjoy their retirement years with like-minded peers while having access to optional support and services as needed.
   

Sources :

*June 2024 :https://assets.retirement.govt.nz/public/Uploads/Policy/AnnualInvestigationInternationalScan_June2024.pdf