A set amount of your ingoing contribution may be non-refundable. If there is any capital gain, how much of it you keep may also depend on your contract.
Some contracts assign 100 per cent of any capital gain to the retirement village owner. As you would still have to pay a departure fee, you may end up leaving with less money than when you entered the retirement village. This may, or may not, be offset by other features of your contract such as lower recurrent charges.
Last updated: 27/02/2013