The Aging Population & Aged Care

The Aging Population & Aged Care from Bridges Financial Services Sunshine Coast

By: Bridges Financial Services Sunshine Coast  15-Jul-2014
Keywords: Aged Care, Nursing Care, Nursing Homes

The ageing population is fast becoming one of our nation’s biggest challenges, which means aged care is quickly becoming an area of serious consideration for many families. It can be difficult to plan, both financially and emotionally, for the move into an aged care facility. When the time comes you may find yourself being confronted with a complex range of questions and decisions. Seeking financial advice from an aged care specialist during this time can ensure that the decisions that you and your family make will be the right decisions, whilst taking into consideration the impact to your financial situation, age pension entitlement and aged care costs. Making the wrong decision could result in a loss of age pension, increased aged care costs and a reduced estate to be passed on to the next generation. The below flyer will assist you with understanding the fees that may be payable within a subsidised residential aged care facility, such as paying an upfront accommodation bond, on-going accommodation costs, living expenses and the cost of care. It is important that you seek advice to avoid the pitfalls associated with these decisions. Please contact our office on 07 5479 1467 if you would like further information, otherwise our website has a range of additional material to assist you. https://intranet.bridges.com.au/__data/assets/pdf_file/0016/13903/WMA-13236_Educational_Flyer_Aged_Care_-_Bridges.pdf

Keywords: Aged Care, Aged Care Facilities, Aged Care Nursing, Health and Aged Care, Nursing Care, Nursing Care Facilities, Nursing Homes, Residential Aged Care, Residential Care

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