KEY THINGS WHEN PLANNING FOR AGED CARE

1 It’s best not to be rushed when considering aged care. Start preparing well in advance. 2 The location of an aged-care facility is important. The closer it is to family members the better. 3

Don’t sign anything you don’t understand. 4 If you have two parents alive, they are likely to age at different speeds. This will add to the complexity when they enter aged care. 5 You don’t need to tell an aged-care facility about your financial situation. 6

Often it is not necessary to complete or submit the Centrelink form. 7 If you can, try before you buy. Many aged-care facilities offer respite options. 8

Don’t be afraid to negotiate on the RAD. 9 Consider different strategies for handling monthly cash flow. 10

Aged care is complex and no one can know it all – get advice.