Financial Care Services
Financial Care Services is an independent advisory company dedicated to supporting you through the complexities of entry into residential aged care or independent living facilty.
Our advisor can explain the various charges which could apply and guide your understanding of the costs of living in your choice of aged care home or independent living facility.
Financial Care Services can assist you to rearrange your assets to generate the cash flow needed to pay for residential aged care.
Financial Care Services operates on a ‘fee for service’ basis. You only pay for the services you need and any ‘commissions’ on investment placements are rebated to your account.
Residential Aged Care
Formal residential aged care is accessible to people who can no longer live safely at home.
Low care hostel residents are usually able to move about indoors independently but may require some help with the activities of daily living.
People who need more extensive assistance enter nursing homes for ‘high care’.
Some privately operated facilities offer the equivalent of aged care at commercial fee rates. In Victoria, these facilities are “Supported Residential Services”.
What is the cost of living in aged care?
Do we have to sell the family home to finance aged care?
Retirement Village or Lifestyle Community Living
Retirement villages, assisted living apartments, independent living apartments and lifestyle residences offer mentally active people choices of housing styles and support services.
The costs and fee structures for independent and lifestyle living are diverse.
Each facility determines it own fee scale and financial arrangements.
Can we afford to live in a lifestyle community?
Independent investment advice
Lump sum payments on retirement and compensation settlements need to last a lifetime. Funds released by a change of residence or an inheritance, bring their own challenges.
How do I make this money last to cover my new lifestyle?
Will I lose the Disability or Age Pension and the Pensioner Concession Card?
Can I gift some money to my children?
Independent investment is available to help you invest your money wisely and understand how Centrelink could view your ideas.