Aged care planning
If you need to consider aged care or assisted living for you or your loved ones, we can help you navigate the complexity
Preparing for aged care or assisted living
Supporting a loved one who is at a point where they are no longer able to manage on their own can be very difficult. You want the best for them while still managing your own busy life with career and family. The financial uncertainty can add to the situation - that's where we can help.
We can assist in identifying the government benefits available to you, the costs that will apply for care, and help you make the best decision regarding assets. We can put together a financial plan that will secure any future care.
If you'd like to discuss this further, please give us a call on 1300 963 720.
Video source: AgedCareSteps
Starting to think about aged care can be difficult for many people. There can be worry about losing your independence, having to let strangers into your home, losing your privacy or having to move. Financial stress can be another thing to consider and that's where we can help. We can make your situation easier by putting a financial strategy in place to ensure you make the best decisions for your care in the future.
We can help you:
- make sure you get the most out of the government benefits available, such as the Age Pension
- identify the costs that will apply to each option (home care, residential care or supporting services)
- make sure the costs are structured so that aged care is affordable both in the shorter and longer term
- in the decision on which assets – such as the family home - should be kept or sold
- consider and understand estate planning complexities.
When you are in a situation where you feel like you cannot manage at home on your own, there are several options available to you. You can get help at home with:
- personal care like help getting dressed
- household jobs like cleaning, washing or gardening
- delivery of meals
- nursing, physiotherapy and other care
- modifications to your home like hand rails or ramps
- equipment like walking frames
- transport assistance.
You can consider short term help when you are recovering from an illness or after having had an accident. This is also an option if you or your carer needs a break, called respite care.
If you find you need ongoing help with day to day tasks or health care, a residential aged care home lets you live in a supported environment where help is available 24 hours a day.
Go to myagedcare.gov.au to read more about your options. My Aged Care is an Australian Government website and phone line to help you find out what aged care services may be available to help you.
Millennium Aged Care Consultants are independent consultants working in the seniors living sector. It’s their job to help individuals and families find the best solution for loved ones who need support to stay at home or are ready to take the next step into retirement living or residential aged care. They have helped over 4,500 Australians access the most suitable aged care services for their varying needs. To get a 10% discount off your initial consultation with Millennium Aged Care Consultants, just let them know you are a MyLife MySuper member or a Catholic Super member.
Absolute Care and Health provides exceptional in-home care, your way. Because one size doesn’t fit all, they’re dedicated to helping you or your loved one discover what happiness at home looks like for you. And they personalise your care to suit. Whether it’s help with cleaning and laundry, personal care and meal preparation, support after a hospital stay or more high-level needs like dementia or palliative care, Absolute Care & Health will tailor services accordingly. They can also provide advice and support on your funding options and help you understand how government subsidies for in-home care work.