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Financial planning for aged care

Did you see The West Australian’s feature on aged care on Monday 29 January?

The West Australian has recently been reporting on aged care and the various choices, options and decisions that surround it. One of the aspects they focussed on was the financial decisions and implications of aged care.

There are many different care options available, from help around the home to residential aged care. Each of these options has different costs attached, with the recent government changes providing more choices than ever.

Unfortunately there is no easy one size fits all solution for aged care. Nor is there a one size fits all solution for the financial aspects of aged care. There is however a way to make the decisions easier for you.

Financial planning for aged care

Many people are aware that financial planning services are available, and that they can help you to grow your wealth or plan for retirement. But what a lot of people don’t know is that there are specific aged care financial planning services available. These services are designed to help you navigate the financial decisions surrounding aged care.

When it comes time to consider aged care, especially residential aged care, there are many different things to consider. This includes CentreLink benefits, selling the family home, tax implications and estate planning.

Because of the sheer number of options it’s easy to feel lost or overwhelmed when weighing up all the consequences of these decisions. Especially when there are also care decisions to be made at the same time.

At MJS we have specialist aged care financial planning training and are accredited by Aged Care Steps. This means that we can help you to navigate the path through aged care. With help it is easy for you to make the right decisions for your circumstances.

Speak to the experts

At MJS we clearly explain each of the aged care options and associated fees. We also look at the various options and help you determine which one gives you the best financial outcome. Because each person’s situation is unique our plans are tailored to your specific needs.

If you or someone you love needs aged care help, you don’t have to go it alone. MJS can make the aged care journey easier and ultimately improve your financial outcome.

Contact us to arrange a 100% obligation free initial meeting. This gives you the chance to ask us questions and decide if this service is right for you.

Find out more about financial planning for aged care here or Contact us today


MJS Financial Services is an authorised representative of Securitor Financial Group Ltd, ABN 48 009 189 495 AFS Licence Number 540687. Professional Partner of the Financial Planning Association of Australia Limited.