Aged Care – Costs, Considerations and Concerns

Choosing how you age is not just about accommodation for you or your family. Aged Care brings up many questions such as Costs, Considerations and Concerns. There are also a range of financial and emotional issues to plan for.

The quality of today’s health care means we are enjoying longer lives, with current life expectancy levels far exceeding thse of previous generations. Accordingly, many Australians ought to make well thought out plans for their living and care arrangements in their later years a top priority.
But, some research alarmingly tells another story.

Currently, there are 400,000 Australians over the age of 85; approximately 1.2% of the population.2 However, the overall proportion of the population is expected to almost double to 5% by 2050 according to the Australian Bureau of Statistics.

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