{"id":1227,"date":"2026-05-18T09:42:00","date_gmt":"2026-05-18T09:42:00","guid":{"rendered":"https:\/\/trustedagedcare.com.au\/?p=1227"},"modified":"2026-05-18T09:42:00","modified_gmt":"2026-05-18T09:42:00","slug":"how-lifetime-annuities-can-support-outcomes","status":"publish","type":"post","link":"https:\/\/trustedagedcare.com.au\/newsite\/2026\/05\/18\/how-lifetime-annuities-can-support-outcomes\/","title":{"rendered":"How Lifetime Annuities Can Support Aged Care and Centrelink Outcomes"},"content":{"rendered":"<p data-start=\"2520\" data-end=\"2596\">When aged care becomes part of the conversation, financial planning changes.<\/p>\n<p data-start=\"2520\" data-end=\"2596\">It is no longer just about growing wealth.\u00a0It becomes about:<\/p>\n<ul data-start=\"2660\" data-end=\"2769\">\n<li data-section-id=\"b2wvu6\" data-start=\"2660\" data-end=\"2679\">Paying for care<\/li>\n<li data-section-id=\"be6u4n\" data-start=\"2680\" data-end=\"2702\">Managing cash flow<\/li>\n<li data-section-id=\"63fzfr\" data-start=\"2703\" data-end=\"2731\">Understanding Centrelink<\/li>\n<li data-section-id=\"1ltu1mu\" data-start=\"2732\" data-end=\"2769\">Supporting family decision making<\/li>\n<\/ul>\n<p>And many find it difficult to understand how lifetime annuities can support aged care and Centrelink outcomes in the stage.<\/p>\n<h3 data-section-id=\"w1lpil\" data-start=\"2776\" data-end=\"2810\">Why Aged Care Changes the Plan<\/h3>\n<p data-start=\"2812\" data-end=\"2845\">Residential aged care introduces:<\/p>\n<ul data-start=\"2847\" data-end=\"2945\">\n<li data-section-id=\"7lm78x\" data-start=\"2847\" data-end=\"2866\">Daily care fees<\/li>\n<li data-section-id=\"7wzfd7\" data-start=\"2867\" data-end=\"2893\">Means tested care fees<\/li>\n<li data-section-id=\"1k3sq55\" data-start=\"2894\" data-end=\"2920\">Accommodation payments<\/li>\n<li data-section-id=\"1bey2xn\" data-start=\"2921\" data-end=\"2945\">Ongoing income needs<\/li>\n<\/ul>\n<p data-start=\"2947\" data-end=\"3019\">At the same time, Centrelink continues to assess both assets and income.<\/p>\n<h3 data-section-id=\"zs923h\" data-start=\"3026\" data-end=\"3052\">How Annuities Can Help<\/h3>\n<p data-start=\"3054\" data-end=\"3093\">A well-structured lifetime annuity can:<\/p>\n<p data-start=\"3095\" data-end=\"3193\"><strong data-start=\"3095\" data-end=\"3125\">1. Provide reliable income<\/strong><br data-start=\"3125\" data-end=\"3128\" \/>Helping cover care costs without relying entirely on investments.<\/p>\n<p data-start=\"3195\" data-end=\"3313\"><strong data-start=\"3195\" data-end=\"3229\">2. Improve Centrelink outcomes<\/strong><br data-start=\"3229\" data-end=\"3232\" \/>Some annuities receive concessional treatment, meaning only part may be assessed.<\/p>\n<p data-start=\"3315\" data-end=\"3410\"><strong data-start=\"3315\" data-end=\"3359\">3. Reduce financial pressure on families<\/strong><br data-start=\"3359\" data-end=\"3362\" \/>Less need for constant decisions and monitoring.<\/p>\n<h3 data-section-id=\"1isp1h0\" data-start=\"3417\" data-end=\"3450\">Case Study: John and Margaret<\/h3>\n<p data-start=\"3452\" data-end=\"3549\">John, aged 82, moves into residential aged care.<br data-start=\"3500\" data-end=\"3503\" \/>Margaret, aged 79, remains in the family home.<\/p>\n<p data-start=\"3551\" data-end=\"3558\">Assets:<\/p>\n<ul data-start=\"3559\" data-end=\"3642\">\n<li data-section-id=\"98b0je\" data-start=\"3559\" data-end=\"3596\">$600,000 in financial investments<\/li>\n<li data-section-id=\"elb7w5\" data-start=\"3597\" data-end=\"3621\">Family home retained<\/li>\n<li data-section-id=\"161ybfg\" data-start=\"3622\" data-end=\"3642\">Part Age Pension<\/li>\n<\/ul>\n<h4 data-start=\"3649\" data-end=\"3667\">The Challenge<\/h4>\n<ul data-start=\"3669\" data-end=\"3779\">\n<li data-section-id=\"11f12rw\" data-start=\"3669\" data-end=\"3691\">Ongoing care costs<\/li>\n<li data-section-id=\"1ytav7x\" data-start=\"3692\" data-end=\"3730\">Concern about running out of money<\/li>\n<li data-section-id=\"dey5ot\" data-start=\"3731\" data-end=\"3779\">Pressure on their daughter managing finances<\/li>\n<\/ul>\n<h4 data-start=\"3786\" data-end=\"3803\">The Strategy<\/h4>\n<p data-start=\"3805\" data-end=\"3902\">$200,000 is allocated to a lifetime annuity.<br data-start=\"3849\" data-end=\"3852\" \/>The remaining funds stay invested for flexibility.<\/p>\n<h4 data-start=\"3909\" data-end=\"3925\">The Outcome<\/h4>\n<ul data-start=\"3927\" data-end=\"4139\">\n<li data-section-id=\"16vwoei\" data-start=\"3927\" data-end=\"3976\">A steady income stream helps cover care costs<\/li>\n<li data-section-id=\"bpp5cp\" data-start=\"3977\" data-end=\"4039\"><a href=\"https:\/\/www.servicesaustralia.gov.au\/income-streams?context=22526#types\">Centrelink position i<\/a>mproves due to concessional treatment<\/li>\n<li data-section-id=\"1rmrquu\" data-start=\"4040\" data-end=\"4088\">Reduced reliance on drawing down investments<\/li>\n<li data-section-id=\"51l20q\" data-start=\"4089\" data-end=\"4139\">Greater confidence for Margaret and the family<\/li>\n<\/ul>\n<h3 data-section-id=\"1s0ko2f\" data-start=\"4146\" data-end=\"4163\">Final Thought<\/h3>\n<p data-start=\"4165\" data-end=\"4224\">In aged care planning, the goal is not just to have enough.<\/p>\n<p data-start=\"4226\" data-end=\"4311\">It is to make sure everything works together in a <strong data-start=\"4276\" data-end=\"4310\">sustainable and manageable way<\/strong>.\u00a0 Contact us at <a href=\"https:\/\/trustedagedcare.com.au\/newsite\/\">Trusted Aged Care Services<\/a> on 07 5610 4909 to see if a lifetime annuity can best support you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When aged care becomes part of the conversation, financial planning changes. It is no longer just about growing wealth.\u00a0It becomes about: Paying for care Managing cash flow Understanding Centrelink Supporting family decision making And many find it difficult to understand how lifetime annuities can support aged care and Centrelink outcomes in the stage. Why Aged [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3,45,9],"tags":[44,157,172,173,47,49],"class_list":["post-1227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aged-care","category-centrelink-planning","category-retirement","tag-aged-care-financial-planning-gold-coast","tag-centrelink-planning","tag-gold-coast-aged-care-advicee","tag-income-for-life","tag-lifetime-annuities","tag-trusted-aged-care-services"],"acf":[],"_links":{"self":[{"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/posts\/1227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/comments?post=1227"}],"version-history":[{"count":0,"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/posts\/1227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/media\/1228"}],"wp:attachment":[{"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/media?parent=1227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/categories?post=1227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trustedagedcare.com.au\/newsite\/wp-json\/wp\/v2\/tags?post=1227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}