While planning for retirement is expected, even relished, this sentiment rarely extends to aged care.
We often give little thought to the eventualities beyond our retirement with planning for our twilight years under-considered at best, and often not considered at all.
Yet financial security in our later years is crucial for meeting lifestyle needs which may include considerable expenditure. Key financial issues such as aged care or nursing home accommodation, medical and therapeutic services and estate-planning, coupled with probably future amendments in legislation are discussions we can find confronting. If these concerns are considered and a clear plan put in place before aged care is required, it is likely that you will achieve the aged care of your choice, while diluting any emotional distress or possible conflict among your family members. At Collins Mann we recommend that Aged Care Financial Planning is implemented up to 5 years in advance of retirement to determine the most appropriate outcomes for your future.
Collins Mann considers your individual circumstances, taking into account these important matters:
Contact our team today to discuss the options for creating aged care of your choosing.
Collins Mann ABN 88 098 705 152 is a Corporate Authorised Representative of Magnitude Group Pty Ltd (Authorised Representative No. 267462). Managing Director Russell Mann (Authorised Representative No. 273590) is an authorised representative of Magnitude Group Pty Ltd ABN 54 086 266 202 which is the holder of Australian Financial Services Licence No. 221557.
The information contained within this website does not consider your personal circumstances and is of a general nature only. You should not act on it without first obtaining professional financial advice specific to your circumstances. This website holds information for Australian Residents only.