Rest assured; you’re not alone feeling this way. If you’re like most Australians, we know exactly how we want to spend our golden years (87%* of us would like to age gracefully in our own home). However, we’re not great at talking about it or planning for it. In fact, 75% of us over 50 have no plan at all.

The result? Aged care is often a rushed decision made under intense stress and high emotions. Thirty-eight percent* of Australians spend less than a month exploring aged care options, while 41%* of decisions are prompted by a sudden event or illness.

Financial planning is even less of a priority. A mere 9%* of older Australians have formulated a concrete financial or savings plan for their future care needs, with a staggering 40% expressing concern about their ability to fund the care they desire.

Want to grow old on your terms? Its time to plan.

At DP Wealth, we understand aged care is a deeply personal and emotional decision. Whether you’re exploring options for your parents or crafting your own aged care plan, our specialist adviser offers support, by understanding what is important to you and your family, while taking you through all the available options and their costs.

Some key considerations we can discuss include:

·        Fee structures and affordability of care

·        Correct structuring of your assets and income

·        Outlining strategies for funding your accommodation fees and ongoing costs

·        Maximising Federal Government subsidies and pension entitlements

·        Decisions around keeping or selling the family home

·        Intergenerational wealth transfer

We will tailor multiple scenarios to match your personal and financial situation, while considering changing needs as you get older.

With a solid positioning in collaboration with your solicitor and accountant, a dedicated plan means you and your family can make decisions confidently and you’re financially supported to live those golden years the way you want to.

So, let's have that important conversation to ensure your future is protected.

Don’t wait until there’s a crisis. Let us help you to help you to put a plan in place.



Call Dan Marks on 4690 2588 for an obligation-free conversation about how we can help.

* McCrindle 2018