As the Australian population continues to age, the demand for aged care services has increased dramatically. For individuals who have a self-managed superannuation fund (SMSF), understanding the aged care options available and the eligibility requirements can be crucial.
Navigating the aged care system can be complex and overwhelming, especially when considering the financial implications for your SMSF. With various options such as home care, residential aged care, and retirement villages, it is essential to make informed decisions that align with your specific circumstances.
This episode of the SMSF Mate Podcast aims to guide SMSF trustees through the process of exploring aged care options and understanding the eligibility criteria. Bill Savellis from Olive Grove Financial Planning joins the podcast to explore the financial considerations, government support available, and the impact on your SMSF investments.
By understanding the various options and eligibility requirements, SMSF trustees can make informed decisions that provide the best possible care for themselves or their loved ones, whilst safeguarding the future of their SMSF.
Read more: https://www.smsfmate.com.au/
SMSF Mate was created by four mates sick of the BS surrounding superannuation.
We simply wanted honest advice and better returns, so we learnt how to do it ourselves.
SMSF Mates is a cumulation of a group of mates coming together over beers and discussing their SMSF stories. We realised the information that underpinned our stories were not out there on a website to help people on their SMSF journey.
We wanted to create a site that would allow mates to gather information and allow them to have meaningful discussions with other mates, whether they be advisers, friends, or family. We want our fellow Aussies to be more active in their SMSFs.
Our hope is that SMSF mate becomes a trusted source of general information for present and future SMSF mates to be better informed and have a more meaningful SMSF journey.
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