Flora

Earlville, QLD

I am following up on my story submitted last year. I have received an income increase of 0.6% and my retirement village fees increased by 5.4%. I am now starting to wonder when, with these increases, I will no longer be able to afford to live in a retirement village.

I thought I was secure and could now relax in my old age??

Living with these worries is not what I would have chosen. But the information provided when buying in told me that cost increases would be kept to CPI increases,”except……..” What I did not realise is that the exceptions ARE the rule.

And – what do I do then?