67. Noel Whittaker - Australian Personal Finance Legend
Aussie Firebug
00:00
What Are Your Thoughts on Aged Care?
I've always been under the impression that Super was designed to eventually replace the pension or to significantly reduce its load. But it sounds like Mr Keating plans or on a not empowered, he would want to introduce another program. What are your thoughts on that? Okay, his main thing at the moment is it must be preserved. And that's it. It stays there until you reach pension wise, no exceptions. He was also talking last week about a concept where if you have aged care and need aged care and you've got nothing, we've got something, then the government should pay it should come out of your state. As I said to him, there are reverse mortgages now for that
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