Aged Care Advice

What is Aged Care?

Everyone has a different relationship and experience with life and aging, but we all have one thing in common ~ we all age every day!


Reasons for moving into an Aged Care home will vary between people. One reason can simply be to enjoy the company, community environment and entertainment facilities. Other reasons can include the physical support on offer and the reassurance of having immediate medical and nursing care on hand. There are clearly a range of personal, practical, emotional and financial considerations that come into play when making these decisions and choosing a home.

​​The government subsidises Aged Care by $14 billion a year and frequently changes the rules to manage the costs. There can be both great benefits and not so great pitfalls and traps to watch out for and be aware of. Having caring, understanding and professional support to inform and guide you through your unique situation can make a huge difference. It is also wonderful to have help with filling in all the necessary forms!

Some people actually get a new lease of life and have a great time in Aged Care, especially if they had been struggling at home. Everything is provided and it is possible to have many new friends.​

Aged Care Services

  • Assistance to transition your loved one(s) into Aged Care

  • Professional and personal Financial Advice

  • Modelling of personal financial strategies  

  • Assistance with relevant paperwork and forms 

  • Provide clear guidance on the next steps 

  • Clarification of your Aged Care options to enable informed and confident decisions

Some of the questions?

  • Will I still receive my pension in residential care?

  • If I pay a RAD, how much do I get refunded and when?

  • What happens if I use up my savings?

  • How do I ensure I have adequate cash flow?

  • ​​How much does residential care cost?

  • Will I have enough money now and in the future?

  • Should I sell my home if I move into residential care?​​

  • Am I entitled to Government support?​

Read more

From Christoph's Northern Star Wealth Column

Taking care of Aged Care arrangements  
Aged Care Professional Goonellabah Byron Bay

Appointment details

Statements of Advice fees for Aged Care and ongoing Financial Planning services are very reasonable and vary depending on individuals' circumstances and requirements. Prior to any charges we will present you with a written quote for your written approval.

If you have any questions or would just like a chat please contact us on 1800 332 225 – we would love to hear from you.

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© Copyright In Your Interest Financial Planning Pty Ltd unless stated otherwise.

The information on this website is general in nature and readers should seek professional advice specific to their circumstances. 

In Your Interest Financial Planning Pty Ltd, ABN 28 094 300 464  is Authorised Representative No 308161, Credit Representative No 402819 of FYG Planners Pty Ltd AFSL/ACL No 224543. Whilst based in the Goonellabah, Lismore, Ballina, Byron Bay region of Northern NSW, In Your Interest Financial Planning has clients Australia wide.

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