Similar idea with cruise ships [1]. In Australia this largely seems to work better. There's obviously public aged care but that can be a crap shoot in many way

Similar idea with cruise ships [1]. In Australia this largely seems to work better. There's obviously public aged care but that can be a crap shoot in many ways. Like there might only be a place for you 200 miles from where you'd been living, which might be a challenge to maintain contact to friends and family. But if you have some capital behind you (eg you own your house and sell it) then you have private options, which tend to be a lot better. Typically, you pay a "deposit" (for lack of a better word) and then the facility collects 85% of your aged pension. When you die, your deposit is returned to your estate. The size of that deposit varies a lot. It might be as little as $300k or it might be $1m+. It depends on what you want. The whole thing seems a lot less "gougey" than what I know about aged care in the US, for example. [1] https://www.aplaceformom.com/blog/2013-2-2-cruise-ship-retirement-assisted-living/ https://www.aplaceformom.com/blog/2013-2-2-cruise-ship-retir...