Retirement Village vs Retirement Homes

You’ve reached your 50s and you’re wondering how to spend your hard earned retirement when it arrives. There are so many options to consider! You may decide it’s finally time to live abroad. Or, you could be settled in a family home. However, another option you may not have thought of is moving to a retirement village or home setting. These can be fantastic options if your home is now too big to manage, or you simply fancy a change. Below, we take a look at the key differences between retirement homes and a retirement village like Red Deer in Glasgow.
Independence or Care?
Care is typically the key difference between a retirement village and retirement home. Care homes usually have assistance available at all times, to tend to all of your needs and look after you.
However, to someone who has always been active and is used to doing things for themselves, a care home may seem suffocating. A retirement village offers you independence. You enjoy the privacy of your own home and the ability to do whatever you want, whenever you feel like it.
Social Aspect
The idea of retirement living is to surround yourself with like-minded, similarly aged, individuals who you can enjoy something in common with. This social aspect could be found in either a retirement home or village. A care home would offer plenty of activities and chances to make friends, whilst a retirement village would offer more choice and independence to socialise when you choose.
A key factor about Red Deer Village is that we offer a residents hub, for residents to meet for a tea and coffee, or host activities as and when they want to. It’s your personal space, and you’re in charge (as long as there are no restrictions of course!)
Bedroom or Park Home?
A retirement village like Red Deer offers bespoke residential park homes, exclusively to the over 50s community. You own your home, with the space and privacy that comes with it. A care home usually offers residents a private room, which in comparison, would be much smaller.
Costs Involved in Retirement Living
A high quality care home can be costly. Good care, facilities and food are important factors in selecting a care home, but they can increase the price significantly. A retirement village, on the other hand, offers the opportunity to downsize and free up equity. You have financial security and an asset, whilst allowing you to spend freed-up cash on things you’ve always dreamed of.
Best Option for my Retirement?
The best option for your retirement is purely based on your needs. A fit and able person who is looking for a like-minded social community would be more suited to a retirement village. Although, a person who is needing 24-hour assistance or a large amount of care given would find a care home more suitable.
If you’re still not sure what’s the best option for you or a loved one, please feel free to contact us to find out more about the differences between retirement homes and retirement village. We’ll be able to offer expert advice and help you decide whether Red Deer Village is a good fit.