Retirement villages and residential aged care facilities offer different lifestyles and services, and they aren't direct substitutes for each other.

In the following article, our Aged Care Specialist Leandro Bonin explores this important subject further, providing insights to help you start planning ahead and achieve your objectives.

Money you pay as a lump sum for your residential aged care room will be refunded to your estate – so what do you need to know about when and how your money is refunded.

It might sound like alphabet soup, but the CHSP and HCP are two Home Care programs funded by the government. CHSP stands for the Commonwealth Home Support Program and HCP is the Home Care Package Program.

Confused about aged care fees and what it all means? You are not alone. In this article we simplify the basics of aged care fees for you.

If you, or someone you love, need to make a move into residential aged care, understanding the fees and getting a clear picture of what it will cost is not easy.

Moving into residential aged care can be a stressful period with complicated rules, family conflicts and rushed timeframes. This can easily lead to mistakes, which can be costly and difficult to rectify. This article highlights three common mistakes and tips to avoid the traps.

Life is filled with changes. But with preparation and good advice, you may be able to manage the changes more effectively to minimise the stress.

Watching your spouse’s health decline can be difficult and stressful. And if this decline results in a move to aged care, you will both be faced with a lot of changes.

Aging at home with government-subsidised funding is made possible through the Home Care Packages program.

However, a crackdown on what the funds can be used for and a shortage of support workers, can make it challenging to understand the funding available.

How you choose to pay for your room in aged care is an important decision, and with large dollars involved, it is one that should not be rushed. Know your rights and take time to get advice.

Moving into aged care can be a challenging time, both for those making the move and families supporting their loved ones. It's understandable that everyone wants to find the most suitable accommodation and the appropriate standard of care, however, it can be confusing to make that choice.

Lots of rules and lots of jargon makes understanding aged care even more complicated. This article demystifies one of the more common strategies of DAP from RAD.

Understanding aged care can be complicated enough, without needing to decipher all the jargon and acronyms. An example is the “DAP from RAD” strategy, which can be confusing if you don’t understand what all the letters mean.

Think you can’t afford aged care? Advice on your options can help to understand what is affordable and how to best structure your finances.

When you move into residential aged care, the room price might be quoted as a lump sum, but you will have the choice to pay for your room as a lump sum or a daily fee or a combination.

We plan ahead for many aspects of our lives, but few people plan for future aged care needs. Now is the time to change that trend.

The truth is, most of us avoid thinking about our own future aged care needs, delaying our decisions until perhaps they’re taken out of our hands.

When moving into aged care you may be asked to disclose your financial details so that a means-tested fee can be calculated. But do you need to disclose?

It all depends whether you’re paying the published price or going in as a low-means resident.

Rising interest rates are good news if you want to invest in cash and fixed-interest investments, and not so great if you are borrowing money. But are rising interest rates good or bad if you are moving into aged care?

As we get older, most of us want to remain independent and in our own home for as long as possible, but this can be challenging without some help with household tasks and personal care.

In last year’s Federal Budget we saw a major five-year restructure plan for aged care, so it was not surprising to see no major changes this year. Instead, the government reconfirmed its commitment to the five-year plan. This article takes a quick look at the implications of this year’s Budget for aged care.

As we approach the end of another year, many people will be looking forward to the festive season and the chance to slow down and catch up with family, particularly older parents. Busy lives and distant homes can make it easy to feel out of touch. But this may be a time when adult children notice changes in their ageing parents and can also be a time for parents to take control over their future with advice and family discussions.

It is the great Australian dream to own your own home. But how does your home affect your age pension or the aged care fees you can be asked to pay?

Eligibility for an age pension and liability to pay aged care fees, are both impacted by your assets and income. This includes an assessment of where you live and your ownership status.