Many Australians are choosing to trade their larger family homes for more manageable and lifestyle-friendly properties as the family leaves home and their needs change. One common concern among older individuals is the impact on the aged pension when they make a transition during retirement. When you sell your home, it inevitably results in an increased bank balance, which can potentially affect your retirement income. In this article, we will explore the various ways in whic

Where a person with a life interest moves into aged care, the assessment of the life interest will depend on how it was set up and by who, whether there is a formal agreement and the terms of the agreement.

Granny flat arrangements can offer a practical housing solution, but they’re more complex than they seem. If you’re transferring money, assets or property in exchange for the right to live somewhere for life, it could affect your social security and financial position. Here’s what you need to know.

Retirement villages are an independent living option. In most cases the person does not own their residence. The person buys the right to live in a retirement village under a variety of different commercial arrangements.

Choices about where to live are driven by lifestyle, work and family. As a person ages these choices start to be impacted by health or increasing levels of frailty. And this may necessitate a change.

Planning for aged care is crucial for financial stability in your later years.

Here is a summary of the key points announced in this year's budget that may affect your retirement.

As we journey through life, maintaining financial wellness becomes so important, especially in our later years.

Will my pension be affected? That's the concern for most seniors considering the difference between retirement village and aged care options

Financial planning for nursing home care makes it more likely that you will have the luxury of choice when the time comes.

For those with significant vision impairment or legal blindness in Australia, there's a specific benefit called the 'blind pension'.

Retirement is an exciting time of new beginnings and life changes. Whether you're doing it for yourself or helping a loved one make the...

Retirement planning is an important process in organising what your golden years are going to look like and downsizing could be an option.

Retirement village vs aged care - what's the difference? We explain the differences between them, from costs to care provided.

An effective plan for growing old will consider strategies to ensure the home environment and care supports are appropriate and how to fund

Planning ahead can help to demystify aged care and reduce stress levels. With awareness and pre-planning, you can maintain control, choice,

Whatever your needs and choices, identifying your options and making the best decision for your circumstances can become overwhelming...

If you’ve been putting off writing your financial plan, you’re not alone. Writing a financial plan can seem like a daunting task, and lots of very smart people avoid it for this reason. But it doesn’t have to be, and it can be as easy as starting with just one page. The One-Page Financial Plan is designed to capture your thoughts and ideas. It is a powerful tool for building and managing your personal finances in the 21st century. Short and concise, it delivers your plan quic