As we get older, it becomes more and more difficult to live independently – whether it’s because of illness, disability, reduced mobility, isolation or the problems associated with maintaining a large property.
While moving in with family may be a viable option, there are alternative accommodation options that not only allow a level of independence to be maintained, but also provide varying levels of care if required.
Depending on the level of care required, which may change over time, there are a number of different accommodation options available:
There’s no doubt that the decision for either you, or a loved one, to move into an aged care facility is a tough one. And, it’s complex – you need to have a good understanding of the rules, regulations and financial commitment.
Choosing a suitable aged care facility is an important decision. Apart from the level of care needed, there are other things you should consider:
A Bridges financial planner can help you access the right information so you can make an informed decision which ultimately gives you peace of mind. They can help you understand:
To make an appointment with a Bridges financial planner visit one of our branches and speak with one of our friendly staff or call us on 1300 369 900.
Bridges Financial Services Pty Limited (Bridges). ABN 60 003 474 977. ASX participant. AFSL 240837. Part of the IOOF group.
This is general advice only and has been prepared without taking into account your particular objectives, financial situation and needs. Before making an investment decision based on this information, you should assess your own circumstances or consult a financial planner. In referring customers to Bridges, Family First Credit Union Limited does not accept liability or responsibility for any act or omission or advice provided by Bridges or its authorised representatives.
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