Perhaps it’s because we would rather not think about it, but one of the most overlooked aspects of retirement planning is aged care. Not just the costs, although these can be significant, but decisions around where and how we want to spend our final years.
Aged care encompasses home support, home care and residential care.
While it is impossible to know exactly what our care needs will be in future, it’s important to understand your options and potential costs and make your wishes known to your family.
As decisions about aged care often need to be made quickly after an accident or illness, a bit of advance planning will make the process easier for all concerned.
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