Six strategies to fund accommodation costs | Accurium

Six strategies to fund accommodation costs

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Accommodation is usually the largest cost associated with the move to residential aged care. Frequently requiring the sale of many assets or large assets, strategies to fund accommodation is a key aspect of aged care advice.

Although there are mechanisms in place for those with very little means to have their accommodation subsidised by the Government, there will still be many who will need to pay the published price of their chosen aged care home (or an amount agreed with the home).