Wealth building
Build long-term wealth with strategies for investing, saving and managing your cash flow.
Care at home
At home services (CHSP / Home Care Package), accessing services, choosing a provider.
Aged Care Advice
We create financial future for aged care advice
Preparing the way for yourself or a loved one to enter residential aged care can be difficult. You don't have to face it alone.
A specialist aged care adviser can guide you through the process and help create solutions that work for you and your family.
Guidance through aged care decisions
How we can help
- We assist you and your family to understand the range of care options and how the aged care system works.
- We outline the steps ahead to help you find and access the right type of care.
- We act as a central reference point for clear and relevant information on aged care and how your finances are impacted.
- We help you to evaluate what you can afford so you can focus on searching for a suitably aged care service.
- We explain the fees and how they are calculated to estimate what you might need to pay.
- We evaluate the options and strategies for your accommodation payment.
Experienced aged care advisers
We have extensive experience helping clients enter aged care, offering clarity and support during a difficult time.
Our financial advisers providing advice in aged care hold Specialist Accreditation as an Aged Care Steps Professional and are recognised as FPA Aged Care Specialists.
Aged care services we advise on
Granny Flats
Understanding the fees, choosing a provider.
Retirement Village
Review of contract arrangements.
Residential Aged Care
Accommodation Payment Choices, how fees are calculated, impact on Centrelink benefits, cash flow scenarios and the effect of retaining or selling the family home, ongoing fees.
The value of our advice
The aged care journey can be a maze of appointments and information. We provide you with clear, accurate and relevant information, delivered simply and in manageable amounts, so you can make informed decisions with confidence.
- Forward planning. Timely planning enables elderly parents to transition to aged care with ease and dignity.
- Simplicity amidst confusion. An adviser provides a central point for accurate and relevant information on aged care.
- An impartial voice. An adviser can act as an independent voice during sensitive family discussions and as a conduit to achieve agreement.
- Creation of a pathway. Your family can understand the decisions and actions needed to secure the appropriate level of care.
- Managing emotions. A professional adviser can help families work through the emotional weight of these decisions with clarity.
- The big picture. Advice is based on a complete understanding of your situation, so unwanted consequences may be avoided.
- Confidence and peace of mind. You can move forward knowing the financial decisions are sound and the right care is in place.
- Family cohesion. Minimise the potential for family disputes with a review of estate planning issues.
Frequently asked questions
When should I start planning for aged care?
Ideally before care is urgently needed. Having time on your side allows for more considered decisions, less pressure, and better financial and personal outcomes for both the individual and their family. Aged care advice is most effective when it's sought early.
What costs are involved in aged care in Australia?
Aged care costs typically include accommodation payments, daily care fees, and means-tested contributions. The structure can feel complex at first, but understanding these costs early gives families a clearer picture and more confidence in the decisions ahead.
What is the difference between a RAD and a DAP?
A Refundable Accommodation Deposit (RAD) is a lump sum payment, while a Daily Accommodation Payment (DAP) is paid on an ongoing basis. Many families use a combination of both. The right approach depends on your financial position and what feels sustainable for your family over the long term.
Will we need to sell the family home to fund aged care?
This is one of the most emotionally charged questions families face, and the answer is often no. In many cases, there are strategies available that avoid a forced sale. Careful planning can balance financial requirements with the emotional significance the family home holds.
How does moving into aged care affect the Age Pension?
Entering aged care can change how assets and income are assessed, which may affect pension entitlements. Understanding these implications in advance, ideally with professional aged care advice, helps avoid surprises and allows for better financial planning.
Contact us today to find out more about aged care.