elderly person and a middle aged person talking on a park bench

8 Tips to Transition a Loved One Into Aged Care

Moving your loved one into an aged care facility in Melbourne is never easy. No matter how much you’d like to shoulder the responsibility of taking care of them, more often than not, it simply isn’t feasible. In most cases, an aged care facility is recommended by the GP to give your loved one the care they need and deserve. …

Aged Care Financial Planning in Melbourne: All You Need To Know

When you start your journey into finding someone to help you with aged care financial planning in Melbourne, finding a reliable and experienced financial advisor is crucial. Your journey towards securing the best financial future for yourself or a loved one starts with selecting a trustworthy professional.  The Importance of Aged Care Financial Planning You truly can’t under value the …

Four steps to take before downsizing your home

Leaving the home you have lived in for years, often decades, the one that you always thought wouldbe your “forever home” can be tricky financially and emotionally. Consequently, the decision todownsize requires careful consideration, research and planning to make sure you get it right. Understanding the motivations behind downsizing is paramount. People choose to downsize for various reasons: seeking a …

Questions to ask an Aged Care facility

The government have put together a good list of questions to ask when checking out aged care homes. These form a great starting point in addition to other questions you may have based on what is important to you and your family. You can view the checklist here: https://www.myagedcare.gov.au/sites/default/files/2019-04/questions-to-ask-aged-care-homes_0.pdf

What is the Refundable Accommodation Deposit and how is it paid?

The Refundable Accommodation Deposit (RAD) forms part of the nursing home (aged care) costs. There are four different parts involved: the RAD, the basic daily fee, the means tested care fee and the extra or additional service fee). The Refundable Accommodation Deposit (RAD) is an upfront deposit that covers ‘rent’ of your room for as long as you need it. …

Downsizing? What you need to consider…

As more Australians than ever before are living longer, the concept of downsizing is one which has never been so prominent. Over the years, family homes have become much bigger meaning as age sets in, a large home with the attached maintenance may no longer suit. Here are the key considerations to keep in mind when starting your downsizing journey. …

Aged Care Rating: How to View & Understand

Aged care ratings are quite new in the ever changing world of aged care. Understanding the quality of service provided by care facilities is so important when choosing care for a loved one. The Australian Government has implemented a Star Rating system, introduced in December 2022, to help individuals assess the performance of aged care homes. This system is a …