How can I keepp living at home?

Monthly Chronicle - - Business & Personal Finance -

The good news is it’s now eas­ier than ever to keep living at home, thanks to a gov­ern­ment-pro­vided home care pack­age. For a ba­sic fee, you can choose from a range of ser­vices to help sup­port you in your own home, based on your in­di­vid­ual needs. These in­clude: House­work and do­mes­tic chores Home main­te­nance Meal de­liv­ery Trans­port Nurs­ing and per­sonal care Health sup­port ser­vices. whether it’s the right op­tion for you, you need to weigh up the ad­van­tages and dis­ad­van­tages of a multi­gen­er­a­tional house­hold.

Pros: If you’re feel­ing lonely in your empty nest, then living with fam­ily will pro­vide you with com­pan­ion­ship and ac­tiv­ity. It will prob­a­bly also take the strain out of your fi­nances by al­low­ing you to sell up or rent out your own home. Plus, you have the added se­cu­rity of know­ing help is at hand should you need it.

Cons: Once you’re used to living alone, giv­ing up your pri­vacy in a busy house­hold may not be easy. It’s also worth con­sid­er­ing whether your son or daugh­ter’s fam­ily

Mark Plaskitt is Se­nior Financial Fina Ad­viser at MLC Ad­vice Pen­nant Hills and an Au­tho­rised Rep­re­sen­ta­tive GWM Ad­viser Ser­vices Lim­ited and a mem­ber of the Na­tional Aus­tralia group of com­pa­nies.

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