by Amanda Cassar | Apr 13, 2020 | Aged Care
While financial concerns are an obvious consequence of COVID-19 lockdowns, they are not the only challenge aged care residents face. One of the most significant effects of the pandemic has been social isolation. Dealing with isolation, particularly due to strict...
by Amanda Cassar | Apr 10, 2020 | Aged Care, Centrelink
Selling or Renting Your Home to Fund Aged Care? What to Consider in Today’s Market Thinking about selling your home to enter Aged Care? For many people moving into Residential Aged Care, selling or renting their former home is a key strategy to help cover...
by Amanda Cassar | Apr 9, 2020 | Aged Care, Case Studies, Centrelink
As you probably know, capital losses from falling share prices are realised only if the company goes into liquidation or the shares are sold. Leaving investments intact may well offer the best chance to rebuild balances when markets pick up again, as they eventually...
by Amanda Cassar | Apr 6, 2020 | Aged Care, Case Studies, Centrelink
Interest rates have been falling a lot faster and a lot longer than deeming rates for Centrelink and Veterans’ Affairs recipients, making it practically to even earn the current deeming rates from bank accounts. Higher-risk investments (in better markets) may...
by Amanda Cassar | Jan 28, 2020 | News
How to Boost Your Income in Retirement: 4 Smart Strategies Are you asset rich but cash poor? If so, you’re not alone. Many older Australians find themselves with significant wealth tied up in their family home and other assets, but limited cash flow to cover everyday...
by Amanda Cassar | Dec 8, 2019 | Aged Care
The Heartbreaking Reality of ‘Granny Dumping’ Over the Holidays—And How You Can Help The phrase “Granny Dumping” might sound shocking, but unfortunately, it’s a real and growing issue—especially during the holiday season. While many families cherish time...
by Amanda Cassar | Apr 29, 2019 | Aged Care, Health
5 Ways to Reduce the Risk of Dementia Dementia is a devastating condition that affects one in ten people over 65. Research suggests there are proactive steps you can take help keep dementia at bay and to reduce your risk.[1] According to The Economic Cost of Dementia...
by Amanda Cassar | Apr 23, 2019 | Aged Care, News
Reforms in aged care in recent years has meant the system has become incredibly complex and even confusing. Throw in that it is also a highly emotional topic also and it means it is an area that is very in-demand for quality financial advice. Paying for advice may...
by Amanda Cassar | Sep 27, 2018 | Aged Care
A great idea for families with aging parents, is to get together for a chat early, instead of waiting until one, or both parents are facing a health or financial crisis. It’s good to know early and while they still have capacity, what they would like to happen....
by Amanda Cassar | Sep 4, 2018 | Aged Care, Centrelink
Choosing how you age is not just about accommodation for you or your family. There are also a range of financial and emotional issues to plan for. The quality of today’s health care means we are enjoying longer lives, with current life expectancy levels far exceeding...
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