Detailed calculator

Use this calculator when you are interested in a retirement village unit to get a more comprehensive estimate of the entry, ongoing and exit costs. It will help you to understand your financial obligations and compare villages, before entering into a contract.

What you'll need

To complete the detailed calculator, you need a copy of the standard fees and charges table in the disclosure statement provided by the retirement village operator. You’ll receive a disclosure statement when you have found a unit you are interested in and before entering into a contract with an operator.

15 mins to complete

Don’t have a Disclosure Statement? Use the Basic Calculators

If you don’t have a disclosure statement you can get an idea of the costs associated with retirement village living by using the basic calculator.

Start basic calculator

2 mins to complete

Retirement village calculator

Disclaimer

The information provided by the Retirement Village Basic Calculator and Retirement Village Detailed Calculator (the “Calculators”) should be used as an indication only. The Calculators are not intended for use in association with contracts entered into with retirement village operators prior to 2013.

The information is provided based on the relevant legislation as at 1 September 2017 and standard assumptions made by NSW Fair Trading from publically available data. The information provided does not take into account independent factors, inclusive of changes to market conditions and your personal circumstances.

The information contained in the Calculators does not constitute financial advice from NSW Fair Trading. All reasonable care has been taken by NSW Fair Trading in preparing and designing the Calculators; however, NSW Fair Trading provides no warranties and makes no representation that the information provided by those Calculators is all-inclusive and/or suitable for your particular circumstances. You should consider whether you require independent professional advice in order to assess whether the information is appropriate to your circumstances.

The information and/or the Calculators may change without notice and NSW Fair Trading is not in any way liable for the accuracy of any information printed and stored by a user. NSW Fair Trading may make improvements and/or changes to the Calculators and/or the information provided by the Calculators at any time.

Further, to the extent it is permitted by law, NSW Fair Trading disclaims any liability (including for negligence) to any person in respect of anything done, or not done, by that person in whole or in partial reliance upon the whole or part of any of the information provided by the Calculators.

NSW Fair Trading may collect impersonal data input into the Calculators by users for the purpose of research, policy development and planning. No personal information entered by users into the Calculators will be collected, stored, used or disclosed by NSW Fair Trading.

By clicking on the accept button located below, you acknowledge that you have read and understand the above.

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