/ 'Age Pension & Aged Care'

21 Sep 2026
Consider a retiree couple who invested, saved, and accumulated wealth to enjoy a comfortable retirement. They worked with their adviser to manage investment and inflation risk and planned a sustainable level of spending which will last for life. A couple of decades later the unexpected happens, and residential aged care is required. With a desire to receive a high level of service whilst in aged care to maintain their comfortable lifestyle, what will this cost?
4 Oct 2022
On 20 September 2022 the maximum Age Pension entitlement increased to $1026.50 a fortnight for singles and $1547.60 per couple ($773.80 for each member). The rates are indexed on 20 March and 20 September each year to maintain their value against increases in the cost of living.

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