Retiree accommodation and aged care options explained
BABY Boomers face a multitude of decisions as they consider their own accommodation preferences while also having to take responsibility for their parents' aged care needs.
Different stages of retirement require different accommodation and care facilities.
Australians in Retirement Gold Coast branch will be holding a Retirees' Accommodation and Care Forum which will be open free of charge to the general public.
Professional, experienced speakers will discuss Over 50's Retirement Villages, in-home care services and nursing home facilities.
For younger retirees Over 50's Retirement Villages have become very popular. These villages enable retirees to reduce the workload of maintaining their own home, while providing a communal environment that residents can enjoy.
But comparing the differences in cost structures and facilities offered can make this a confusing exercise. As retirees grow older, they may find that they need additional assistance with such chores as cleaning, washing, transport or even personal care.
This assistance can be provided "in home" enabling the retiree to still maintain a high level of independence.
And later in life a retiree may require a higher level of daily care necessitating moving into a nursing home.
But considering what is the best option, getting a government ACAT assessment, and comparing the costs involved, can be a daunting exercise.
And you need to make the correct decision the first time as making subsequent changes can be very costly.
If you, or your parents, are considering moving into an aged care facility, are you aware of the rules surrounding ACAT assessments? Are you concerned about fees and the effect on Centrelink entitlements?
Alternately, what in-home services could you be eligible for and what government assistance?
Mr Robert Grover, Gold Coast President of Australians in Retirement said: "The range and suitability of retiree accommodation and aged care services are now extremely varied.
This forum will assist retirees understand the options available to themselves or their parents."
The meeting will be held at 9:30 am at the Broadbeach Seniors' Centre, 23 T E Peters Drive, (cnr Havana Key), Broadbeach on Thursday 8th September. All Gold Coast retirees are welcome to attend this free event.
As seating is limited admission will only be granted to non-AIR members who have registered their attendance by emailing email@example.com.
Australians in Retirement is the business name for The Association of Independent Retirees, the peak body representing the interests of retirees who are self -funded or in receipt of a part pension.