Understanding permanent residential aged care fees | Accurium

Permanent residential aged care fees

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‘How much will I pay?’ is a common concern for aged care clients. There can be a range of fees clients may be asked to pay. Financial advisers are well placed to help clients understand what these fees are and provide solutions to help manage them. In this article we discuss fees a client can pay in permanent residential aged care, how they are calculated and technical tips for each.


Disclaimer

This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.