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Independence Shapes Modern Retirement Choices In Premium Villages

Independence Shapes Modern Retirement Choices In Premium Villages

Executive Director Scott Lester says the meaning of independence has shifted over time. Fifty years ago, it largely meant remaining in the family home and relying on informal support. Today, it reflects a desire for control, connection and access to services that support long-term wellbeing.

“People retiring now want to live on their own terms,” Lester says. “They want choice, autonomy and the ability to stay active. They also want the confidence that support is available when needed without losing that sense of personal independence.”


Lester says premium retirement villages have become a strong expression of this shift because they offer the mix of freedom and support that modern retirees value.


“We are seeing people choose premium villages because they offer independence in a practical way,” he says. “Residents have privacy, space and the ability to live a full life, while also having access to health, wellness and community facilities. It is a balance that many people now view as essential.”


Independence is increasingly linked to lifestyle preferences. Retirees want access to activities, social engagement and well-designed spaces that support active living. Many want the freedom to travel, pursue hobbies and avoid the time and cost of maintaining a large home.


“Maintenance is a major factor,” Lester says. “People may want to free themselves from the responsibilities of owning a traditional property so they can focus on what matters to them. Premium villages give them that freedom while still providing high-quality surroundings.”


The growth of premium developments also reflects financial confidence among retirees who have built significant housing equity. Converting that equity into a living environment that sustains long-term independence is becoming more common.


Lester says investment in the sector is responding to this demand. Developers are creating communities that integrate wellness centres, digitally supported services, landscaped spaces and social hubs. These features support residents who want to maintain control of daily life while also preparing for future needs.


“Independence does not mean doing everything alone,” he says. “It means having the choice to access support when needed. Modern villages allow people to age in place with dignity and control.”

The broader impact of premium retirement communities extends beyond individual residents. When older people move into purpose-built villages, family homes are returned to the market, and pressure on public health services may reduce due to on-site support.


“This model benefits multiple generations,” Lester says. “It creates opportunities for younger families, strengthens local infrastructure and contributes to community wellbeing.

Looking ahead, he considers independence will remain central to retirement decisions.


“Expectations will keep evolving, but the theme is clear. People want freedom, purpose and choice. Premium retirement villages are increasingly designed to meet these needs and we are proud to support their development.”

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When investing, past performance is no guarantee of future performance. A minimum subscription of $1,000 applies. Applications will only be received on the application form supplied with the Product Disclosure Statement (PDS).

 

Please read the PDS before investing. Note that the definition of "Retirement Village" used in the PDS is wider than a village which is registered under the Retirement Villages Act and includes other types of residential accommodation for persons above a defined age. The latest information about our current loans is set out in the ‘Table of Loans’ document on the Disclose Register.

Our distribution policy is set at the discretion of the directors and is not a fixed rate of return. Payment of distributions is not guaranteed. We recommend you seek financial advice relevant to your circumstances.
 

*Senior Trust Retirement Village Income Generator Limited is not licensed by a New Zealand regulator to provide the service of issuing Shares. Senior Trust's registration on the New Zealand register of financial service providers or membership of the Financial Services Complaints Ltd (FSCL) - A Financial Ombudsman Service does not mean that Senior Trust is subject to active regulation or oversight by a New Zealand regulator.

SENIOR TRUST RETIREMENT VILLAGE INCOME GENERATOR LIMITED

Registered Office:

Level 1, 20 Beaumont Street, Freemans Bay, Auckland, 1010

Postal Address:

The Directors, PO Box 113120, Newmarket, Auckland, 1149

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