With the recent release of the 2015 Intergenerational Report (IGR), we are yet again reminded of our ageing population and the financial implications this will have on us all.
We are all living longer, and with more than 40,000 Australians aged 100 or older expected by just 2055, planning for retirement has never been more vital. The problem is … aged care advice is as complex as it is necessary and the risk is that many Australians could dwindle away their retirement savings due to a lack of education and financial advice.
The reality is that aged care is set to become a real focus for everyone, and education and advice will increasingly be sought … by the person in need of care or by younger individuals who are making arrangements on behalf of others. There are so many factors to consider, such as deciding which facility to enter, how much it all costs, and how this affects age pension entitlements.
There are life-changing decisions to be made and these can seem overwhelming, but with a little thought and planning, it doesn’t need to be. Education and good advice can make the world of difference by creating a sense of control over an uncertain future.
Providing easily accessible and informative online education to your clients/members will prove invaluable – not only will it improve your service model – it will more importantly help to ease your clients’/members’ stress by giving them the knowledge they need to feel comfortable and secure in your hands.
That’s why we’ve developed a series of 15 minute online education modules specifically focussed on aged care … watch our video here.