Reliable and fair financial advice from age care professionals. Get the best and most affordable aged care modelling for your retirement or move to residential aged care.
How can we help?
The team at Sydney Aged Financial Advisers (SACFA) is based in the heart of Sydney’s central business district. Led by our senior planners, Phillip Reid and Michael Johnson, the team is highly qualified and experienced when it comes to helping clients with their aged care funding needs.
We understand that organising your finances for your retirement can be convoluted and exhausting. Naturally, you just want peace of mind and security so let us handle the stress and take the difficulty out of your financial planning. We offer a wide range of comprehensive financial planning services to help retirees and older Australians fund their residential aged care fees.[/p]
Specialised Aged Care Financial Advice Services
Residential age care is a minefield. Our financial modelling provides families with a roadmap to safely navigate the aged care system. Our advice can include;
- Modelling and analysis of a number of available financial options to enter an age care facility (i.e. retaining, renting or selling the family home)
- Cash flow analysis and funding solutions
- Accommodation bond funding strategies (i.e. lump sum RAD, interest only DAP, reverse mortgage or a combination)
- Assessing the impact on age pension benefits
- Minimising the aged care means testes fees (if possible)
- Investment management solutions if the home is sold
Financial Advice Services
Our experienced and personable team of financial planners can assist with a wide range of financial planning services. We can assist with the following:
- Inheritance management
- Superannuation advice
- Life insurance
- Debt management
- Income protection
- Estate planning
- Investment advice
- Retirement planning
We tailor our services to meet the personal needs of our clients. If you need to change your financial plan or budgeting regime, you can always count on our trusted planners to ensure that you are receiving the best treatment.[/p]
Our process is very simple. We understand that every client situation is different; individuals have different needs and financial circumstances. Thankfully, our planners will always keep your objectives in mind when devising strategies for paying for aged care. Our age care scenario modelling provides families with multiple options to fund their loved ones entry to aged care . Our team will follow our simple and straightforward seven step process.
Step 1: Call Us
First thing’s first, you need to get in touch with someone from our team if you want high-quality aged care advice. Call our team on 1300 659 677 for more information and to get the process started.
Step 2: Confirm Your Appointment
In your call with us, we’ll begin setting up an appointment time that suits you. The purpose of this is to establish your specific financial needs and confirm your requirements/objectives.
Step 3: First Consultation
Our first consultation is obligation free to determine if we can help you and if you wish to work with us.
Step 4: Discuss Aged Care Fees
In this first consultation, we will discuss the more specific aspects of our services. We’ll talk about your residential aged care needs and devise scenario’s to fund your loved ones move to residential age care.
Step 5: Leave Us to Plan
After your first consultation, we’ll begin planning strategies that can be practically implemented into your financial plan. We’ll make any necessary amendments to the strategy and then get back in touch with you!
Step 6: Second Consultation
In our second consultation with you, we’ll present the Statement of Advice and discuss all options that are available to you.
Step 7: Choose Your Path
If you decide to retain the family home, we will be happy to assist you to arrange your chosen funding solution.
If you decide to sell the home and pay the Refundable Accommodation Deposit (RAD) we will be happy to assist with investment management. We are currently assisting numerous families invest the remaining home sale proceeds to maximise income to fund age care costs and replace the loss of age pension while at the same time generating some capital growth that can be passed on to the next generation.
There are many great reasons why you should choose our firm when planning your aged care fees. While we cannot provide an exact cost for our services, we provide our clients with a ‘quote range’, ensuring that they know clearly what they will owe for our assistance. This fee covers our time and specialised knowledge in the area of aged care financial advice.
Competitive Aged Care Fees and Charges
If you choose us, paying for aged care will be a straightforward and affordable endeavour. Our fees are competitive and fully disclosed in all relevant documentation before you engage us.[/p]
Knowledge and Technical Experience
Another benefit of choosing our firm is the knowledge and experience we can bring to the table. Our work at SACFA focuses on many areas, including Refundable Accommodation Deposits (RAD) and Daily Accommodation Payments (DAP), ensuring that our clients are prepared for unforeseen events in their retirement years.[/p]
Personal and Reliable
We believe in providing our clients value for money. We also believe that the heart of being able to give our clients reliable service is by listening. No one knows your situation better than you do. We’ll ask plenty of questions so we can provide the best range of aged care funding solutions for you and your family.[/p]