Aged Care Financial Advising

Get expert help in managing the financial side of aged care.

Arranging aged care and support for a loved one can feel complex and difficult.

Simplify the process and help protect their assets as far as possible by taking advantage of our expertise in this specialised area.

We’ll provide you with the advice and guidance you need to ensure the best outcome for you and your family

A growing area of our practice has been the demand for financial advice in relation to aged care services.

‘Many clients have elderly parents who require extra support in their later years,’ says Gill Witham, one of our financial advisers, who is also an Accredited Aged Care Professional.

‘Sometimes the need for advice is triggered by some sort of distressing event, such as the sudden onset of a serious medical condition, or the death of a spouse who’s been a carer in the relationship,’ she says. ‘Having to make decisions at these times is stressful enough, but it’s made worse if there are unexpected and unplanned-for financial repercussions arising from the changes that need to be made.’

5 Financial offers an aged care financial advisory service to help our clients navigate this sensitive and complex area.

‘People often feel quite overwhelmed at this time,’ says Gill. ‘By exploring the options and unravelling the numbers, we’re able to help to create some clarity and certainty that aids with decision-making.’

Apart from providing advice in a situation that’s prompted by a crisis, we also help clients plan for the possibility that aged care might be required in the future by someone they care for, or even themselves.

In either scenario, there are several key ways we assist:

If you’d like to discuss this service, please book a consultation.

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