Prepare for your tomorrow.
Navigating the complexities of aged care planning
Planning for aged care can be a challenging and emotional process.
As your local accredited aged care financial planning experts, DP Wealth Advisory will guide you through the complexities of planning for the future. Whether you're helping your parents navigate their options or creating your own aged care strategy, our accredited planners are here to assist with:
- Accommodation payments: Expert guidance to help you make informed decisions within the crucial 28-day post-admission timeframe.
- Financial assessment: A clear understanding of your financial situation, allowing us to recommend the best options for you and your family.
Compassionate support when you need it most
We understand how emotional this process can be. That's why we approach each situation with care, ensuring you feel supported every step of the way.
Upcoming changes to Australia’s aged care system
Significant changes are coming to Australia’s aged care system, which will affect costs for many. Planning ahead can help you avoid rushed decisions and the potential pitfalls of new regulations. By working with our aged care financial planning experts, you can rest assured your financial situation will support the lifestyle and care you choose.
Comprehensive aged care financial plans
During our consultations, we provide a thorough explanation of the aged care process. Our detailed plans are presented clearly in a concise Statement of Advice, ensuring you understand your options.
Our tailored aged care financial planning strategies help you:
- explore care services and financing options
- optimise your budget and cash flow to maintain your lifestyle
- maximise government benefits available to you
- safeguard your assets and preserve wealth for future generations
- identify tax strategies and avoid common pitfalls
- stay updated with changes in regulations and personal circumstances.
Collaborating for the best outcome
We believe in working as a team. We can involve your family, your enduring power of attorney, and collaborate with your accountant and solicitor to ensure you're in the best possible financial and legal position.
Frequently Asked Questions
-
What is aged care planning?
Aged care planning involves understanding the available care options, assessing your financial resources, and making informed decisions to ensure a comfortable and supportive environment for later life. DP Wealth Advisory’s approach includes evaluating different care options, as well as assessing financial assistance and government subsidies. This helps secure necessary care while managing costs effectively.
-
When should I start planning for aged care?
Ideally, it’s best to start the planning process early, before it becomes a rushed decision. At DP Wealth Advisory, we encourage early planning to provide financial advantages and ensure the best care solutions are available when needed.
-
What are my options for aged care?
Aged care options in Australia include in-home care, residential care, and community support services. Each option is tailored to different needs, offering varying levels of support depending on personal health, lifestyle preferences, and financial circumstances.
Schedule a consultation
Discuss your options with one of our experts today and find out how our aged care financial strategies can work for you.
Wanting support to grow, protect and maintain your wealth?
Let's chat.
Contact Us
Bespoke Investment Strategies
& Goals Based Advice
DP Wealth Advisory Pty Ltd ABN: 68 107 237 196 is a holder of an AFSL 277493 (effective 23rd September 2004).
Andrew Wielandt, Michael Doherty, Dan Marks, Rod White and Jye Berghofer are all Authorised Representatives of DP Wealth Advisory Pty Ltd (effective 5 October 2021).