Aging is an inevitable part of life. With aging comes the need for more and more assistance with daily activities. Whether you’re researching aged care for your family, friends or yourself it’s a serious consideration and needs careful planning.
Personal finances affect a large part of the services and long term care available.
Therefore, it is important that finances are right before it’s too late. Seeking a good financial planner is important so that you can get invaluable advice on your money matters and also help you to get the best solutions for your specific situation.
A good financial planner will listen to your needs and then help you to understand and evaluate your decisions which will assist to avoid confusion, irreversible errors, frustrations and family conflicts. Financial decisions are not just about money, it can also be about relationships. Making major financial decisions especially when you are not highly knowledgeable, experienced or able can be quite tough.
Good aged care planning begins by first acknowledging and considering any present and future situations that you or the person concerned may face. This can be hard as you are expected to think about changing needs and the impact of those demands on life and the lives of loved ones.
When you come to meet with us we will help to assess and evaluate your needs, including:
- Legal needs
- Sources of income
- Current and future expenses
- Available assets
- Human resources
- Insurance coverage
- Health care