-
What Worries You About Aged Care?
Read more: What Worries You About Aged Care?If you are worried about the need to access aged care, you are not alone. When the time comes it can be daunting, with a lot of new information to take in and many decisions to make. The responsibility to make the right decision for yourself, or a loved one, may weigh heavily on your mind. From our experience, the four of the most common worries that people raise include: Quality of care: One of the main concerns is whether the quality of care provided will meet needs and expectations. Reports of inadequate staffing, neglect, or instances of abuse have…
Topics:
-
Get Ahead of Frailty with a Life Plan
Read more: Get Ahead of Frailty with a Life PlanThe COVID-19 pandemic gave us all a sneak peek into what life might be like if we lost independence and mobility. But what if the limitations were not due to an international pandemic and were not affecting everyone in your street, but just you? What if it was your own personal capacity (physical or mental frailty) that was restricting your independence? Many retirees live independent lives, but research shows that on average, you might expect 17-25% of your retirement years to be frailty years. While this may sound grim, it is not all bad. Just don’t let frailty creep up…
Topics:
-
If Aged Care is Confusing – Get Advice
Read more: If Aged Care is Confusing – Get AdviceMany people think they can’t afford to get aged care advice, but the reality is you probably can’t afford not to get advice. RADs, DAPs, MPIRs, MTAs and ACATs !! These are just a few of the acronyms you will face when navigating aged care decisions. It might even feel like you’ve landed in a foreign country where you don’t understand the language or the rules. Navigating your way through aged care and the jargon is not easy. Frustration, confusion and anxiety are feelings you are likely to experience, especially if you have arrived at this point with little preparation.…
Topics:
-
Getting your RAD back
Read more: Getting your RAD backMoney you pay as a lump sum for your residential aged care room will be refunded to your estate – so what do you need to know about when and how your money is refunded. Accommodation payments (called Refundable Accommodation Deposits – RADs for short) are one of the most misunderstood areas of residential aged care. Many people don’t realise that a RAD is not “lost” money but is refundable when you leave care or pass away. When entering care you will have the choice to pay for your room as a lump sum or a daily fee. If you…
Topics:
-
Don’t panic – your starting fee may only be temporary
Read more: Don’t panic – your starting fee may only be temporaryCashflow planning is important when moving into aged care, but plans can be thrown into chaos if your first invoice shows much higher fees than expected. This article sheds light on interim fees. The first statement you receive when you move into residential aged care can be a shock, as fees might be far higher than expected – possibly even hundreds of dollars a day higher. This might not be an error but rather be just a matter of understanding how “interim fees” are applied. If you are required to pay a means-tested fee as a contribution towards the cost…
Topics:










