THE RISE OF LOCK-UP-AND-GO IN RETIREMENT PLANNING
Everyone is looking for a stress-free lifestyle retirement, which is why more people are looking towards lock-up-and-go living solutions. Especially when choosing the retirement village they want to spend their golden years, and doing their retirement planning.
What is lock-up-and-go?
Its name is quite literal: it’s the type of property that is low maintenance and secure – think studio apartment or house in a retirement complex. If you’re heading to out for the day, perhaps even travelling, it’s easy to lock up and leave. You’ll leave with the knowledge that your home is safe.
Popular among retirees and millennials
For retirees who would like to take a cruise or travel abroad for long periods of time, this type of lifestyle is perfect. In fact, many retirees have downsized in favour of the lock-up-and-go lifestyle. For millennials, the majority of their time is spent at work. With secure apartments, they’re able to go to work with a peace of mind and perhaps have a night out, knowing that their place is secure.
The advantages of lock-up-and-go
More time for yourself: There’s almost little to no maintenance involved and everything is taken care of. This allows you with time to enjoy the things you’d like to do and support your luxury lifestyle
It’s safe: Thanks to technology, modern developments have features like keyless or fingerprint entry systems. This is convenient if your keys tend to go missing. Also, most complexes are safe and have security guards patrolling all the time. Another feature is state-of-the-art alarms.
It’s affordable: Many are choosing to downsize their living arrangements because lately, we are all looking for something more simple. The layouts of lock-up-and-go are simple and affordable.