Real Estate Investor Magazine South Africa May/ June 2020 | Page 56

RETIREMENT Retirement post Covid-19 How retirement villages have adapted to Covid-19 & what the future looks like ALYSSON WATT S outh Africa’s lockdown experience officially started on 26 March. However, most retirement villages took the wise decision to begin their lockdown at least 2 weeks prior. This prescient move has ensured the safety of residents within almost all retirement villages across South Africa. The measures taken to ensure the protection of residents and staff have varied from staff staying within retirement villages for two-week periods then switching with another shift for a further two- weeks, to village management providing transport for their staff on a daily basis. As a further measure, healthcare workers are screened twice daily for temperature readings. All villages have significantly reduced the number of visitors to the villages. Some measures have included no visitors at all to limited visiting in a designed area that is disinfected between visits. The need for social distancing has resulted in an increased use technology, especially Skype, Zoom and Whatsapp to keep residents and families in touch. Frail care and dementia care, being particularly vulnerable to Covid-19 has meant no visitors for residents. However, to ensure that families can keep in touch with their loved ones, village management take video’s or photos daily to share with the resident’s group of friends and family with updates on their care and wellbeing. Villages have in the main lauded their suppliers assisting them with providing PPE, hand sanitizer and food donations. CEO of Flower Foundation, Johan Raubenheimer, especially mentioned Feedem for not only providing little extra’s at mealtime but also providing groceries to their residents. Feedem is a leading catering supplier to the retirement village sector. Raubenheimer’s voice got a little husky when he spoke about the attitude and commitment of staff at Flower Foundation and how they have provided so much more for their residents during this difficult and challenging time. Resident morale We are social beings and need interaction to maintain a healthy psyche which has been one of the most challenging aspects for residents during lockdown irrespective of where you live or the language you speak. Retirement Villages have been innovative by running Bingo over the loudspeaker, holding chair exercises in hallways and bible study and church services via technology. Everyone I spoke to mentioned how their staff have been extraordinary. The levels of compassion and care provided has helped reduce the stress experienced by residents to reduce the feelings of isolation and lack of contact. But to ensure staff are well looked after most villages have implemented some interventions, such as relaxation therapy to ensure their mental health. Our world has shrunk to updates on covid-19, measures about social distancing, how to keep busy in lockdown and the pervasive hiss of hand sanitizer. A new globally reality began in 2020, for retirement villages this reality changed before the start of lockdown. 54 MAY/JUNE 2020 SA Real Estate Investor Magazine Rika Wolmarans, Director at Engo which has 20 villages in the Free State with 2 794 residents with most of their villages in small towns where there are no online deliveries mentioned how admin staff are doing the shopping on behalf of residents. A boer maak a plan, in true South African fashion. Most disaster plans did not forecast for a global pandemic which has meant everyone has been challenged to respond together, to deal with constant curve balls with different opinions, everyone becoming experts making it a difficult course to navigate. Rayne Stroebel, Founder of Geratec and supporter of the Eden Alternative mentioned that the current pandemic is showing up our long-term care of older people and highlights the opportunity to relook at the industry and the world view of older people and what it means to be over 65. The discussion with Stroebel got me thinking of my views and what my retirement would look like. What will yours look like in this current dynamic? Future of retirement villages Recent statistics from Australia show that online queries on retirement villages has increased with one retirement village experiencing an increase of 300%. What does this mean? I believe that the lockdowns will show people still living in their large homes, that maintaining them without the assistance of garden and cleaning services is a challenge, and so much space is not necessary. “The current pandemic is showing up our long-term care of older people and highlights the opportunity to relook at the industry and the world view of older people and what it means to be over 65.” I will make a short mention of the financial aspects of retirement. With the global economy in lockdown the impact on retirement funds will be felt. This may result in people having to put off retirement for a while longer and/or change their expectations. As my grandmother was fond of saying: Cut your coat according to your cloth which means spend only what you can afford. Creating a more demand for affordable retirement solutions. I think there will be a resurgence in the demand for retirement village living as the need for community, healthcare support, security and lifestyle has become so important during this pandemic. However, a word of caution. Before venturing forth, take stock of your own needs and your lifestyle and what your picture of retirement will mean to you. When you have a clearer image of that, it makes it much easier to find a village that will support your retirement aspirations and lifestyle. I was heartened after my numerous interviews to hear how the retirement village sector have gone over and beyond to support and care for their residents to ensure their safety and health. It bodes well for the future. On a personal note. We South Africans love to complain. However, for the first time in ages there is a collective voice and a collective experience irrespective of where one lives, people are buying extra food for those begging and a generosity of spirit that truly shows that we, South Africans are all in this pandemic together. We should not lose sight of that as we transition to a new normal, whatever that may look like. SOURCES Flower Foundation, Engo & Geratec SA Real Estate Investor Magazine MAY/JUNE 2020 55