
← Retire Right26 aug · 39 min
435 Aged care planning: the $585k decision nobody was ready for (a real case study)
Retire Right is brought to you by Tallowwood Wealth Advice. Specialist retirement financial advisers. You can book a complimentary appointment wherever you are in Australia by visiting https://www.tallowwoodwealth.com.au/
In today's episode, Nathan Fradley from Fradley Advice presents a full aged care case study with a live visual walkthrough of the numbers that a real couple faced when one spouse needed to unexpectedly and urgently enter care. He touches on:
👉 an introduction to the case study
👉🏼 what is a RAD and DAP
👉🏽 how means testing works for the age pension vs aged care
👉🏾 their aged care fees
👉🏿 what they did after seeing Nathan about their situation
👉🏻 how they got into a better financial position
👉 what would Nathan have done in their situation?
👉🏽 key takeaways from this case study
*Names in this case study have been changed for privacy
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