Paying for aged care home fees can be difficult, and often places significant stress on a family’s finances. Old age is inescapable, this is why it is crucial to plan for aged care ahead of time, especially when your loved ones require specialised medical treatment....
Depending on your financial situation, you may be asked to pay part, or all, of your residential aged care fees if it your income and assets allow you to do so. The fees for aged care you may be required to pay include: A Basic Daily Fee A Means-Tested Care Fee...
Deciding whether to move in to and aged care home or seek some form of assisted living is a big decision that many aging Australians have to make. Comparing benefits with the costs is an essential part of the process, and what works best for one may not work for...
From January 1st 2017 there were changes made to the asset tests used for calculating how much you receive from the Centrelink Age Pension. To avoid any unforeseen issues relating to your Age Pension, it is important you know what these changes are, and how they will...
Moving to an Aged Care Home is inevitable for most Australians and whether it’s for you, or for a loved one, it’s important to understand the potential costs involved. At some stage in your life you may be faced with the financial responsibilities associated with Aged...
