Things to consider include:
- ACAT assessment
- Costs for Home Care Packages
- Costs for Residential Care
- Means-tested fee
- Accommodation payment
The calculation of fees can be complex and decisions you make in relation to your former home and or investments can impact not only your cashflow but also your age pension entitlements and aged care fees payable. It is important to seek from a Wealthwise financial adviser to compare options so you can make an informed decision.