How to start the conversation about aged care

August 9th 2019 | Categories: Financial Planning | Aged Care |

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Don’t leave it too late to have an honest conversation about aged care options with your loved ones.

 

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Aged care conversations aren’t easy – but they’re better handled sooner rather than later.

 

Research from McCrindle[1] shows that three in 10 Australians have been involved in organising care for a parent, but often are forced to make decisions quickly and with limited information. This isn’t helped by the fact that three in four older Australians haven’t taken any steps to ensure they’ll receive the kind of care they want.

 

The onus is on all of us to start the conversation early and make sure all voices are heard, so there are no unpleasant surprises down the line.

 

In this article, we’ll take a look at how to have the conversation about aged care with your loved ones, and provide a worksheet to guide the conversation step-by-step.

 

If you would like to discuss your options and how you might manage it from a financial perspective, please get in touch.

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Read the full article here to understand:

1.   When is it time to talk about aged care?

2.   How can you start the aged care conversation?

3.   What do you need to talk about?

4.   Download our worksheet to guide you through having aged care conversations

 

You can also download the aged care conversations worksheet now if you’d like to get started:

 

download

 

These conversations take time, and can’t always happen without help. If you or your loved one have any uncertainty around care later in life, it helps to speak to a financial planner. At times when emotions run high, the financial planners at Invest Blue can review your options and provide the unity needed to make decisions with clarity and confidence.

 

Get in touch with us today to talk about how to ensure your loved ones have the best possible care, given their wishes and those of their family.

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What you need to know

This information is provided by Invest Blue Pty Ltd (ABN 91 100 874 744). The information contained in this article is of general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regards to those matters and seek personal financial, tax and/or legal advice prior to acting on this information. Read our Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relations to products and services provided to you.

[1] https://mccrindle.com.au/insights/blog/older-australians-not-prepared-for-their-future-age-care/