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Hidden fees can raise the true annual cost of The Villages to $70,000
The article says infrastructure bond assessments up to $45,000, CPI-indexed amenity fees, and $25,000 golf carts can push a couple’s cost from $56,000 to $70,000 after moving in.
HousingWire reports that many buyers discover the real budget for The Villages only after signing, with hidden fees lifting a couple’s estimated annual cost from $56,000 to $70,000.
According to the report, the added charges can include infrastructure bonds that may run as high as $45,000, CPI-indexed amenity fees, and golf carts that can cost $25,000 each.
The article also argues that retirement planning math can be disrupted by these missing line items, citing a scenario where a $24,000 annual gap above Social Security could require a portfolio in the $650,000 to $700,000 range at a 3.5% withdrawal rate, plus a cash reserve for slow resale.
The piece contrasts two retirees who both start with $1 million and follow the same 4% rule, saying one who buys a more expensive move-in package with $1.4 million can stay on track, while the other runs out of money within 12 years.