Exploring Later Living vs. Retirement Living

In New Zealand, the concept of retirement is evolving as people are living longer and healthier lives.

There is no official retirement age in New Zealand.

The common age to retire is 65 when NZ Super and some other pension payments start.

However, data reveals that New Zealanders and citizens of other nations are increasingly choosing to work past the age of 65, whether by choice or necessity. 

Two distinct approaches have emerged to cater to the diverse needs and preferences of older individuals: Later Living and Retirement Living.

Each approach offers a unique set of characteristics and benefits, providing seniors with options that align with their desired lifestyle.

Later Living

Later Living communities in New Zealand have gained popularity by promoting an active and engaged lifestyle for seniors.

These communities focus on maintaining wellness, social connection, and independence well beyond the traditional retirement age.

Residents in Later Living communities enjoy staying active, socialising, travelling, working part-time if desired, and pursuing hobbies and education.

The homes in these communities are designed for ageing in place with flexible, multi-purpose living spaces.

On-site services are available but not mandatory, allowing residents to come and go freely while retaining autonomy.

Retirement Living

Traditional retirement communities in New Zealand also offer a supportive environment for seniors.

However, they may sometimes feel more institutional or isolated in comparison to Later Living communities.

Retirement Living typically provides independent living villas or apartments with on-site services and amenities.

These communities aim to offer a low-maintenance lifestyle with a focus on relaxation and convenience.

Choosing Your Path

The choice between Later Living and Retirement Living largely depends on individual preferences and the vision for the later years.

Later Living communities emphasise independence, social engagement, and adaptable living spaces.

Retirement Living provides a structured environment with integrated services.

Exploring the differences between the two can help you make an informed decision that aligns with your lifestyle and well-being goals.