In many retirement villages, you will find two types of accommodation, one for people living independently (often called independent living units or apartments) and one for those living with support (typically called serviced apartments). The serviced apartments are often in the main building, close to dining areas, lounges and the social hub of the village.

Serviced apartments are often seen as a great hybrid between living in your own home and moving into aged care. You have the privacy of your own apartment, which has often been purpose-built for ageing in place, with support for those things you can’t or don’t want to do anymore.

Serviced apartments can be cheaper upfront, but may cost you more down the line.Credit: istock

If you are thinking about moving into a serviced apartment, there is plenty to think about. When it comes to what you are going to pay it is important to look at the whole transaction, not just........

© Brisbane Times