Craig Williams
Craig Williams

Director / Adviser


Talk to us about Aged Care today

What impact will the changes to Aged Care have on your family?

People aged 65 and over are our nation’s fastest growing age group and one million Australians already receive Aged Care – a figure set to soar to 3.5 million over the next 40 years.

While strategies to fund retirement and maximise superannuation are key to enjoying retirement, sound financial advice around residential aged care has become more important than ever.

How can I best manage a means tested care fee (MTCF)?

An MTCF is determined by your assessable income and assets. As your assets will now play a larger role in the MTCF, your FMD adviser can take you through a range of investment strategies, which may help to reduce your aged care costs and maximise your Centrelink entitlements.

Should I sell my family home?

From 1 July 2014, the government has changed the treatment of the family home. For the purpose of calculating your Aged Care fees, the decision to keep or sell your family home can significantly affect your Age Pension and the fees you pay. It is crucial to speak to your FMD adviser prior to making any decisions.

Will my cash flow be sustainable?

There are significant costs associated with entering Aged Care, so it is important to understand and manage your cash flow. Your FMD adviser can assist you in understanding your existing cash flow, and make sure it is sufficient to meet your Aged Care costs.

At FMD, we know that you can’t prevent ageing, but you can prevent its impact on financial uncertainty. For more information, contact your FMD adviser and visit or book no obligations meeting with an FMD adviser today.

General advice disclaimer: This article has been prepared by FMD Financial and is intended to be a general overview of the subject matter. The information in this article is not intended to be comprehensive and should not be relied upon as such. In preparing this article we have not taken into account the individual objectives or circumstances of any person. Legal, financial and other professional advice should be sought prior to applying the information contained on this article to particular circumstances. FMD Financial, its officers and employees will not be liable for any loss or damage sustained by any person acting in reliance on the information contained on this article. FMD Group Pty Ltd ABN 99 103 115 591 trading as FMD Financial is a Corporate Authorised Representative of FMD Advisory Services Pty Ltd AFSL 232977. The FMD advisers are Authorised Representatives of FMD Advisory Services Pty Ltd AFSL 232977.