Our Services
With improvements in medical care and lengthening life expectancies, there is a high chance of needing help with meeting the challenges of daily life as we age. Support Services exist to provide in-home help, however these services are not suitable for everyone and a move into a residential aged care facility may be necessary.
At CoVenture Aged Care Planning, we believe that carefully planned finances may provide greater choice and control over where you live and the services you can access. Obtaining appropriate financial advice can help you:
- Make informed decisions about your options, including the role of the family home
- Understand the decisions and actions needed to secure the appropriate level of care
- Ensure your estate planning arrangements reflect your wishes
- Provide confidence and peace of mind for you and your family
- Avoid unintended consequences
Our team of experienced Financial Advisers can assist you with developing the appropriate strategies to ensure that you generate sufficient cashflow, including access to government benefits and concessions to meet your needs.
Contact us today to arrange an obligation free appointment and take the first step in achieving peace of mind about your move to aged care.
Your financial planning partners since 1989
Aged Care
Aged care financial advice is a specialised service designed to help individuals and families navigate the complex financial aspects of aged care. It involves providing tailored guidance on how to fund aged care services, manage assets, and ensure that individuals receive the appropriate level of care without compromising their financial future. This includes understanding the various fees, government subsidies, and the options available for residential and home care, as well as offering advice on estate planning and how to structure finances to minimize potential costs.
The importance of aged care financial advice cannot be overstated, as it ensures that you make informed decisions about how to manage the costs of care while safeguarding your long-term financial security. Without proper planning, the financial burden of aged care can be overwhelming, potentially impacting the quality of care and the financial well-being of families. Aged care financial advice helps individuals and families make the best choices, ensuring peace of mind during what can be a challenging and emotional time. By addressing both current and future needs, it provides a roadmap for managing care costs and protecting assets, allowing you to focus on what truly matters—your loved one’s well-being.
Retirement Planning
Retirement planning is the process of preparing for your financial future to ensure you can enjoy a comfortable and secure retirement. It involves assessing your current financial situation, setting clear retirement goals, and creating a strategy to help you achieve those goals. This can include determining how much you need to save, selecting the right investment options, and planning for potential risks such as inflation or unexpected healthcare costs. Effective retirement planning also covers strategies for managing superannuation, tax planning, and structuring income streams to maximize your retirement funds.
The importance of retirement planning lies in its ability to give you peace of mind and confidence about your financial future. Without proper planning, you may face uncertainty about how long your savings will last or how to maintain your desired lifestyle once you stop working. Retirement planning helps you build a secure foundation for your future, ensuring that you can live comfortably in your later years without financial stress. By working with a financial adviser, you can create a personalized retirement plan that aligns with your goals, protects your assets, and ensures you are well-prepared for the next chapter of your life.
Wealth Management
Wealth management is a comprehensive approach to managing your financial life, aimed at growing, protecting, and preserving your wealth over the long term. It involves a personalized strategy that takes into account your financial goals, risk tolerance, and lifestyle aspirations. Wealth management encompasses a wide range of services, from investment management and tax planning to retirement planning and estate planning. By working with a financial advisor, you can create a tailored plan that helps you maximize returns, diversify investments, and manage risks, ensuring that your wealth works for you and your family for generations to come.
The importance of wealth management lies in its ability to help you make informed, strategic decisions that align with your long-term goals. As your financial situation becomes more complex, having a comprehensive wealth management plan in place can provide clarity and direction, protecting your assets and allowing you to grow your wealth with confidence. Whether you’re building wealth for the future, preparing for retirement, or planning for major life events, wealth management offers the tools and expertise to achieve your financial aspirations.
Income and Asset Protection
Income and asset protection is an essential part of financial planning, designed to safeguard your income and preserve your assets in the face of unforeseen events. It includes strategies and insurance products such as income protection insurance, life insurance, and total and permanent disability (TPD) insurance to protect against the risk of illness, injury, or death that could affect your ability to earn an income or put your assets at risk. These protections help ensure that you and your family are financially secure, even if life doesn’t go as planned.
The importance of income and asset protection lies in its ability to provide financial security during challenging times. Without proper protection, an unexpected illness or injury can leave you vulnerable, with the potential to disrupt your income and deplete your savings. By securing appropriate income and asset protection, you can safeguard your financial future, maintain your lifestyle, and ensure that your loved ones are protected from financial hardship. This planning gives you peace of mind, knowing that your income and assets are protected, no matter what the future holds.