Early planning can take away a lot of the stress and uncertainty that can arise when considering aged care at home or a residential aged care facility.

Right now, residential aged care costs are heavily subsidised by the Federal Government. But, with the Government’s aged care costs estimated to double from $13 billion now to $26 billion by 2023/24, there will be substantial changes to the aged care system.

There are lots of things to consider when you’re looking at aged care.

You’ll need to think about the type of care that’s available, depending on how healthy you are. You’ll also need to factor in different options for paying for your accommodation, based on your means.