Aged Care
Financial Planning
Aged care can involve significant financial decisions, often at a time when families are already managing change and uncertainty. Aged Care Financial Planning helps you understand the costs, funding options and financial considerations involved, so you can make informed decisions based on your circumstances. We take the time to understand your situation, explain the options available and consider how different choices may affect your broader financial position. Where appropriate, we can also support the implementation of an agreed financial strategy.
Why Families Trust Auxilliam
Expertise in Aged Care and Financial Structures
Aged care funding decisions involve complex rules, timing and financial considerations. Auxilliam brings experience across aged care, Centrelink and retirement planning to help families understand their options
Clear Explanations at Every Step
Families receive straightforward explanations of the options, financial considerations and potential implications. We take time to make sure you understand the information before making important decisions.
Strategy and Implementation
Financial planning can involve more than providing advice. Where appropriate, we can support the implementation of an agreed strategy, including relevant paperwork, applications and communication with other parties.
Practical Guidance During Transitions
Financial decisions often happen during periods of significant change. Our approach is calm and considered, helping families work through the financial decisions involved without unnecessary pressure.
Independent and Client-First Advice
Advice is provided based on your individual circumstances, needs and objectives. We consider the relevant financial options and explain the implications so you can make informed decisions.
Experience Supporting Complex Situations
We understand that aged care decisions can involve changing circumstances, family members living at a distance and multiple professionals. Where appropriate, we work alongside other advisers to bring the relevant considerations together.
Financial Planning With Your Circumstances in Mind
Aged care financial planning should start with understanding your circumstances, not simply looking at a list of fees. We take time to understand your financial position, care needs and what matters to you and your family. We then explain the relevant options and financial considerations, including where different choices may have an impact on your position.
Where personal financial advice is appropriate, it is provided within the scope of the applicable authorisations. If other specialist advice is required, we can work alongside your existing professional advisers or refer you to appropriately qualified professionals.
Frequently Asked Questions
What is Aged Care Financial Planning?
Aged Care Financial Planning helps families understand the financial considerations involved in aged care, including costs, funding options and the potential implications of different choices. Where appropriate, this may include modelling different scenarios and supporting the implementation of an agreed strategy.
Does Aged Care Financial Planning include implementation?
Where appropriate, Auxilliam can support the implementation of an agreed financial strategy, including assistance with relevant applications, paperwork and communication with other parties. The specific support provided will depend on your circumstances and the advice required.
Can you help compare different aged care and funding options?
Yes. We can help you understand and compare different aged care and funding options, including the potential costs and financial implications of different choices, so you can make informed decisions based on your circumstances.
What financial considerations are included in the planning?
Planning may consider your cash flow, assets, Centrelink considerations, aged care costs and other relevant financial circumstances. This helps you understand the potential implications of different options before making decisions.
Can Aged Care Financial Planning be reviewed if circumstances change?
Yes. Your circumstances, care needs and financial position can change over time. Where appropriate, your financial advice can be reviewed to consider whether your existing strategy remains appropriate or whether further advice is required.
How do we get started?
The first step is a conversation about your circumstances and what you are considering. We can explain the financial planning process, the information we need and how we may be able to support you through the decisions ahead.
Client Reviews
What Auxilliam Clients Say
