Tag: periodic payments


Do I Need to Sell My Home to Pay Aged Care Bond and Nursing Home Costs?

Do I Need to Sell My Home to Pay Aged Care Bond and Nursing Home Costs?

As financial planners who specialise in aged care advice, one of the most common questions we get asked is:  do I need to sell my home to pay the aged care bond and nursing home costs? The quick answer is ‘maybe’, but increasingly ‘no’. What do I mean by this? First, let’s start with the typical problem. You or a family member have been confronted...

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