, Financial Adviser for Aged Care: Why You Need One

Aged care can be a difficult and confusing topic to navigate, especially when it comes to finances. That’s why it’s important to have an Aged Care financial adviser or proper Aged Care Specialist who can help you make the best decisions for yourself or for your loved ones. Here, we will discuss some of the reasons why you need a financial adviser for aged care. 

One of the most important reasons to have a financial adviser for aged care is because they can help you navigate the complex aged care system. There are many different options available, and it can be difficult to understand all of the terminologies and make the best choices without professional guidance. A financial adviser can help you understand your options and make the best decision for your individual circumstances. 

A good financial adviser can also be a valuable resource for finding government assistance programs and other financial assistance programs that you may be eligible for. This can be especially helpful if you are facing a tight budget or unexpected expenses. These can often have nothing to do with regular “Financial Planning”, such as Superannuation, Shares, etc, and have more to do with the maze of the Centrelink, Aged Care and Aged Pension system. 

An Expert Aged Care financial adviser can also help you protect your assets and estate from being used to pay for aged care costs. They can assist you in setting up a trust or investments that will cover the cost of your care, ensuring that you have peace of mind as you age. This is a very important consideration, as it can help you keep your financial stability and independence. 

If you are aged or have a loved one who is aged, it is important to seek out the advice of a specialist Aged Care financial adviser or specialising in Retirement Village Financial Strategies. They can help you navigate the complex aged care system and make the best choices for your individual circumstances. They can also help you plan for the future, ensuring that you and your loved ones are taken care of. 

Author: Shaun Ganguly

Director and Financial Planner at Retirement Village Financial Advice and Aged Care Financial Planning, Shaun Ganguly specialises in complex Aged Care, Retirement Living, and Centrelink matters. He holds a Bachelor of Commerce (Finance & Economics), and is an FPA Accredited Aged Care Professional, Aged Care Guru, and Certified Financial Planner.

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

*