aged care for mum

When mum had her second fall in a month, it was pretty clear to my brothers and sisters and me that it was time to move her out of home and into somewhere where she’d be better looked after. We had the ACAT assessment and they agreed – mum needed to go into an aged care facility.

But it all seemed to happen so suddenly and none of us and ever had to deal with anything like this before.

There were so many critical decisions to make – where to put mum, how to pay for the accommodation bond, whether or not to sell the family home. I was scared if we made the wrong choices, mum wouldn’t have enough money to support her for the rest of her life.

There are five of us and we’re a pretty close knit bunch usually. But we all had very different ideas about how to handle this scenario. So we decided to get help, and that’s when we heard about ipac financial care – financial planners specialising in aged care.

Our adviser was fantastic – genuine, caring and very quick. He was even happy to talk to all five of us. Once he sat down and showed us the financial outcome of each scenario, it became clear what we should do for mum.

Based on the advice we decided to sell the home and our adviser negotiated with the facility so we were able to optimise care costs and Centrelink benefits for mum and also invested in an income generating portfolio to give her some extra pocket money.

I can’t explain how relieved I feel knowing we made the best decision for mum. And without any family squabbles. So now we can all concentrate on getting mum the best possible care.