At QAdvice, we understand that aged care planning involves more than just finances
Aged care can be confusing and time sensitive. Without a plan, savings can be quickly consumed by fees and ongoing costs. With the right guidance, you can approach the assessment and next steps with confidence, knowing what support may be available and how your financial position could be impacted.
Why Choose QAdvice for Aged Care:
No two people are the same when it comes to aged care. As needs change, your financial strategy should adapt too. QAdvice can guide you from beginning to end, assessing your assets and ensuring they work for you, liaising with Centrelink when support options are being determined, and assisting with ongoing arrangements so your plan stays on track.
A key part of this process is understanding what aged care may cost, and how those costs are worked out, before you make decisions that could unnecessarily reduce your savings. Residential aged care fees vary depending on the accommodation you choose and your financial position, and they are generally made up of:
- Daily care fees (ongoing costs for day to day care and services)
- Accommodation costs (based on the room and facility, paid as a lump sum, ongoing payments, or a combination)
- Means-tested fees (calculated from income and assets, which influences what you pay and what support may apply)
- Additional services and extras (optional upgrades or extra services during your stay)
We help you understand which fees are likely to apply to your situation, how they may be funded (including from investments or the Age Pension), and what options may exist if affordability is a concern, including government-subsidised care and hardship assistance. Because costs and circumstances can change after you move into care, we also support regular reviews so your strategy stays appropriate over time.
Make an appointment today so we can take the worry out of the next steps with your loved ones.
Ready to take control of your financial future?
Our team of experienced financial advisors is here to help you achieve your goals. Whether you're aiming for a comfortable retirement, a dream home, or simply want to make smarter financial decisions, we're here to provide personalized advice tailored to your unique circumstances.