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My Care Journey

Financial Planning

Tailored Guidance for Your Aged Care Journey

When it comes to planning your finances for aged care, one size does not fit all. We can connect you with our trusted financial planning services, who can guide you through the complexities of your unique situation.

$2500

Financial planners help you to:

Understand how aged care can be funded
Navigate accommodation bonds, fees, and care costs
Structure assets and income efficiently
Maximise pensions and government entitlements
Plan for your future financial security

These experts provide personalised advice to help you feel confident about your next stage of life, from day-to-day care costs to long-term planning.

Plan ahead, optimise your resources, and secure peace of mind.

FAQs:

What does the Financial Planning Service include?
The Financial Planning Service connects you with a qualified financial planner who can review your full financial situation, provide tailored advice, and develop strategies to help you fund aged care in a way that suits your circumstances. This may include looking at accommodation bonds, ongoing care costs, pensions, entitlements, and long-term financial security.
How is this different from the Financial Information Service?
The Financial Information Service gives you clear, independent explanations about aged care fees and payment options, but it does not provide advice. The Financial Planning Service, on the other hand, is fully tailored to your personal circumstances. A financial planner can give you advice and recommendations on how to structure your finances for your next stage of life.
Do you provide personalised advice for my individual circumstances?
We partner with registered financial planners who will take the time to understand your situation and provide personalised advice tailored to your needs. My Care Journey does not deliver financial planning directly, but we connect you with trusted financial planners we work closely with.
Can you advise me on whether to keep or sell the family home?
A financial planner can provide advice on how different choices, such as keeping or selling the family home, may impact your overall financial position and your options for funding aged care. My Care Journey does not deliver financial planning directly, but we connect you with trusted financial planners we work closely with.
Do I need a referral to use this service?
No. You can contact us directly, and we will connect you with one of our trusted financial planners.
Do you provide strategies for long-term financial security, not just immediate care costs?
Financial planning looks at both the short and long term. A planner can help you structure your assets and income in a way that not only manages immediate aged care costs but also supports your financial security into the future.
Is the service fee covered by aged care packages or government subsidies?
No. This is a private, fee-for-service offering.
Can you provide this service Australia-wide?
Yes. This service is available across Australia and can be delivered via video call or telephone.
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