Common Retirement Questions Answered by One of the Leading Retirement Communities in India
September 13, 2021
Categories : Retirement Planning Tips
Journey towards retirement is a long one and often has a few twists and turns along the way. If you are planning for retirement, it is normal for you to have questions. As one of the leading retirement communities in India, we have answered some of the most frequently asked questions about retirement:
Question 1: When can I retire?
Answer: The retirement age in India is 60 years for both men and women. However, if you wish to retire early, ensure that you are financially secure for the later years. Other factors to take into consideration before making the decision includes:
- Career goals
- Family responsibilities
- Spouse’s plans and goals
- Retirement lifestyle
Question 2: How much money do I need to retire?
Answer: Many people wrongly assume that once they have retired, there won’t be many expenses. However, in many cases it is the other way around. With more time in hand, you will want to spend more on travel, shopping, new hobbies, charities, and leisure activities. Also, you must think about your healthcare expenses as they tend to increase as you age. You can check our blog on 6 tips for a successful retirement.
Question 3: How to spend time during retirement years?
Answer: With no professional commitments, leisure time can be daunting if you do not plan out your daily activities. Prepare an organised schedule to spend your time doing things you love the most. You can pursue new hobbies, learn a new language, travel the world, start a business, start a blog, or even get a part-time job. If you are looking for some inspiration, you may find our blog on 15 Meaningful Things to Do After Retirement worth a read.
Question 4: Is moving into a retirement community a good idea?
Answer: From increased sense of community and support to having instant access to health care services – there are several benefits of living in a retirement community. You can check this informative read on the benefits of moving to a senior living community.
Question 5: Can I rent or buy an apartment in a senior living community?
Answer: You can rent or own a house at any of our retirement communities in India.
Question 6: How is life at the senior living communities operated by Columbia Pacific Communities?
Answer: In our communities, residents enjoy a wide range of services – from periodic housekeeping and laundry services to preventive maintenance for electrical and plumbing work. Our F&B team serves delicious, well balanced and nutritious meals to our residents daily. And the social calendar ensures that our residents have something to look forward to every day. Also, there are several amenities such as swimming pool, well equipped gym, yoga room, library, and banquet hall. Our senior living communities in India have partnered with nearby hospitals to ensure that our residents get round-the-clock medical care. Check more details about our services here
Looking for retirement communities in India?
If you are planning to move to a retirement community, we can help you find the perfect property where you can spend your retirement years in a friendly and considerate community. To know the cost of senior living communities, call us at +91 8884555554.