Protect family wealth by optimal funding of aged care costs.

Got questions about how to fund aged care and protect family wealth?

Understanding aged care costs and deciding how to fund them can be overwhelming and it often comes at a very stressful times for families.

Even though you may be under pressure to move quickly when supporting a parent into aged care, it’s important to seek expert financial advice on funding arrangements, because the decisions you make can impact family wealth either positively or negatively. Our clients often tell us what a relief it was to have expert advice before making these important financial decisions.

The meeting with one of our experienced financial advisers takes approximately 1 hour at any of our offices in Melbourne, Brisbane and Adelaide. We don't charge for the first meeting because we want to make sure we're right for you and you're right for us. You don't pay anything until you agree to receive personalised advice, but at a first meeting we can answer many of the financial questions worrying you most.

Our experts are here to answer all your aged care financing questions.

Should we sell the family home to fund a parent’s aged care?
How much money can you have in the bank when in aged Care?
How is the aged care means test calculated?
What assets are taken into account for aged care fees?
What is the difference between daily care fees and accommodation fees?
Is it better to pay a lump sum, a daily fee or hybrid option?
What a the tax and Centrelink impact of different funding options?
How can we preserve family wealth for future generations?

We're here to provide financial clarity at a difficult time.

What makes our advisers different?

We partner with leading out-placement service providers to help professionals facing redundancy
Our advisers are degree-qualified Certified Financial Planners (CFP’s)
We're an FPA Professional Practice - we pass a rigorous audit every 3 years to demonstrate the highest professional standards
Our advisers have an average of 10 years tenure so we’re here to help for the long haul
We’re not owned by a bank or other financial institution so we’re free to put your best interests at the heart of our advice process

Shan Fleming

★★★★★

Mum went downhill after Dad died and eventually we decided a care facility was best for her now she is in her late eighties. Mum and Dad’s investments with FMD enable her to be in a place she loves and their support has been invaluable. We had to move quickly to secure a place, so Anna modeled three financial options for us. Her knowledge of the process and paperwork was a huge relief when we had very little time and felt pressured to make a decision. I have great confidence in Anna’s judgement and knowledge of the Aged Care sector and I know I don’t have to worry as FMD have it covered.
Oct 2018

Anna Oudendijk Financial Adviser
Dee James

★★★★★

Jason Calleja was a source of great comfort as he provided us with all the information we needed to ensure a smooth transition for Dee's mum. He explained the legislation, prepared financial spreadsheets with projected multi-year income and costs, arranged tours of aged care facilities; liaised with Centrelink. Jason continues to be responsive to our ad hoc questions. We have no hesitation in recommending FMD's services when families face these challenging and emotional decisions. Having access to their knowledge of the system and financial modelling enables the family to focus on the wellbeing of the parent.
Nov 2017

Jason Calleja Senior Financial Adviser

Ready to feel great about your financial future? Book a free call with an adviser.

1. What would you like to discuss most?

Aged Care

2. Choose your nearest FMD office

Melbourne

Brisbane

Adelaide

3. Let's find you the right adviser

Choose your adviser

4. Let us know a few more details and we'll be in touch soon.

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What to expect from a first appointment.

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You may find the answers to these questions useful when deciding to meet with an adviser.

Why shouldn't I keep managing my own money, I've done all right so far?

Successful people are used to handling their own finances, but you may reach a point where financial management becomes too complex or time consuming and the consequences of financial mistakes far-reaching. At this stage it's wise to turn to a professional adviser who can help you build and protect wealth over the long-term.
Why do I need to meet with an adviser instead of talking on the phone?

If you value receiving expert advice (perhaps you're an expert in your field!) you know the importance of sitting down face-to-face to solve problems or improve your position. Our advisers don't give advice over the phone to new clients because we have a duty of care to consider your overall situation. That's best done in an initial consultation at our offices in Melbourne, Brisbane or Adelaide. We'll pick up the tab for the first meeting!
How do I know if I should seek professional financial advice?

Much like a personal trainer or career coach, your FMD adviser will help you set financial goals and hold you accountable. So you need to be ready to improve your financial position. If you are time-poor, have unresolved financial or investment decisions, need to plan for retirement or are facing lifestyle or career change, seeking advice can be a great relief. Many of our clients are successful executives or business owners who value expert financial advice so they can focus on what they do best.
How do I choose a financial adviser and why should I?

The title 'financial adviser' is often misunderstood, partly because it is used to describe advisers that work for or are affiliated with banks or superannuation funds. FMD Financial is not owned by or affiliated with another financial institution, and we charge a fee for service based our clients' individual needs. When choosing an adviser look for someone qualified and experienced, who is happy to offer client references. Choose someone you like and feel comfortable talking to. Over time they will become an important person during life's biggest challenges, like redundancy, divorce or the death of a loved one.
How does advice work and what does it cost?

Our clients know quality advice is an investment in the future and they partner with us for the long-haul because their investment pays off. We're committed to being open and transparent about our fees and what you can expect from our advice process so more people can experience the confidence and that comes from getting good advice.
Some useful website links relating to COVID-19

Australian Government Department of Health – facts and resources regarding COVID-19

Treasury – key economic response to COVID-19

Australian Taxation Office – COVID-19 support available

Centrelink – for those who expect to receive assistance if affected by COVID-19

Business.gov.au - Information and support for businesses affected by COVID-19