Big changes are coming to aged care from 1 July. Glen and Rachel dive into what’s changing, how it affects costs and care, and what you need to know if you or a loved one might need aged care in the next few years.
🎧 LISTEN to the podcast below…
They touch on:
👉 major reforms coming to aged care in July
👉🏼 why aged care is getting more expensive
👉🏽 understanding home care vs residential care
👉🏾 how Government support is changing
👉🏿 the financial mistakes to avoid when moving into care
👉🏻 why you shouldn’t rush to sell the family home
👉 what to look for in a specialist aged care financial adviser
Aged care does not equal a nursing home. More than 80% of Australians do not receive aged care support in an aged care facility – it could be in the family home, a retirement village or even a granny flat – so it’s worth familiarising yourself with what is available and how it works.