Volume 2 Edition 8 Newsletter

Online at http://www.financialcareservices.com.au/newsletters/vol-2-ed-8/
FINANCIAL CARE SERVICES
Independent aged care, lifestyle and financial advice for seniors
Volume 2 Edition 8 – 30 October 2012

Hello

SUPPORTED LIVING IN YOUR SENIOR YEARS

Living out our senior years in our own homes might be the desire of most people. But sometimes a little help with the housework and the activities of daily living is not enough.

Our options for receiving more help with the activities of daily living might include formal Commonwealth regulated residential aged care. To learn more about the potential costs of living in Commonwealth regulated residential aged care read the Illustration of costs for a typical suburban couple.
http://www.financialcareservices.com.au/2012/10/29/an-illustration-of-residential-aged-care-costs

Younger people needing some help with the activities of daily living and seniors who prefer not to enter the Commonwealth regulated residential aged care system might find a supportive home in a private guest house type of arrangement. In Victoria, these Supported Residential Services facilities are regulated by the State government. Read more about living in an SRS at
http://www.financialcareservices.com.au/2012/10/04/supported-residential-services-srs

WHO IS A HOMEOWNER AT CENTRELINK AND DVA?
Alas the answer is not clear in all cases. http://www.financialcareservices.com.au/2012/10/23/homeowner-at-centrelink-and-dva/

Hint: Owning your own home and having some savings allows for a less constrained lifestyle in retirement.

____________________________________________________

Christine Hopper
Director
Financial Care Services Pty Ltd
Independent aged care, lifestyle and financial advice for seniors in Melbourne, Victoria, Australia
Australian Financial Services Licence Number
299570 (check this at www.search.asic.gov.au/fsr/flb.html)
Authorised Representative Number
252529 (check this at www.search.asic.gov.au/fsr/far.html)

Telephone – call +61 3 9808 0338
Email – contact info@financialcareservices.com.au
Address – mail or meet at 172 Warrigal Road, Camberwell Victoria 3124
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Disclaimer: The information contained in this newsletter is of a general nature only and does not constitute “financial advice”. You should obtain your own personal financial advice before investing any money or moving in to any retirement village, lifestyle community or aged care facility. Financial Care Services is licensed to provide financial advice to individual clients based on their personal situations.