Being prepared for aged care

Being prepared for aged care Aged care isn’t something most people want to think about when they’re planning for a life of freedom and comfort in retirement. But by taking the time to explore a few important issues and questions, you can get the best possible outcome if you should need support in later years. In a recent survey of more than 5000 older people in WA, only 12% of respondents have a plan in place …

Are you prepared for the changes to the Age Pension assets test?

Are you prepared for the changes to the Age Pension assets test? How the assets test will work in 2017 could increase your Age Pension entitlements, or take some or all of them away. With revisions to the Age Pension assets test just around the corner, it’s important to understand how the changes could impact you, particularly with part-pension thresholds somewhat tighter than initially projected. These thresholds are the value of assets you can own …