Life sorted. That is the potential that aged care planning can provide.
More and more people are beginning to consult their financial advisers to finalise their aged care strategy. And this is very important considering that when the time comes to actually move into aged care, there is no time to plan. Sudden falls, injuries, dementia or death of a partner are all instigators for moving into aged care, and none allow an opportunity to undertake extensive planning.
How can a financial planner help you?
- A deep understanding of your finances allows you to make an informed and realistic decision about your aged care strategy.
- Financial planning can help you to ensure that your will get the aged care facility that you want; stay close to home and family, and maintain living standard and dignity.
- The cost structure of aged care is convoluted and intricate. A professional adviser can ensure that you won’t be over charged and that will get the most support possible from the government.
- This includes analyse of Basic Daily Fee, Means Tested Fee, Accommodation Payment and Extra Services Fee.
- Remove the stress, confusion and conflict that aged care can cause families. Confrontation is common among families, so it’s always advisable to leave it to a professional.
An aged care strategy a key step in your future planning.