b'Making decisions about the long-term suitability of your current housingTherearemanydifferent housing options thatmaymeetyourfutureneedsandpreferences,including: Stayinyourcurrenthome. Downsizetoasmallerresidence. RetirementVillages. ResidentialParks. StrataTitle. Renting. Grannyflats. Familyagreements. Reversemortgage. ResidentialAgedCare. Understanding the difference Itisrecommendedyouseekfinancialand between retirement village living legaladvicetomakesureyouareawareofthecostsandlegalitiesofanychanges and residential aged careyouareconsideringsoastosafeguardyour Retirement Villagesareanoptionforinterestsforthelong-term. independentliving.YoubuytherighttoAstartingpointcouldbecontactingthe liveinaretirementvillageunderarangeofFinancial Information Services Officerdifferenttypesofcontracts.Thegovernment(FISO) atServicesAustralia(Centrelink) doesnothelpwithanyofthecostson 132 300.Thisfreeserviceprovides associatedwithbuyingintoaretirementinformationandeducationaboutvillage.Ifyoudorequiresomeassistancefinancialmattersandcanassisttoremainlivingindependentlyyoucanpayyoutomakeinformeddecisionsprivatelyforwhatyouneed,oryoumaybeaboutyourfinances. eligibleforgovernmentsubsidisedhomesupportservicesarrangedthroughMyAgedCare.Residential Aged Care isanoptionifyouareunabletocontinuelivingindependentlyathomeorinaretirementvillagesetting.Youwillbeprovidedwithfullcareaccordingtoyourlevelofneed.ResidentialagedcareisregulatedandsubsidisedbytheCommonwealthGovernment.ApprovaltoaccessresidentialagedcareisarrangedthroughMyAgedCare.LivingatHomeandStayingConnected23'