In today's episode Glen and financial adviser Nathan Fradley unpack a real and confronting retirement case study about 69 year old Anne*, a recently widowed retiree whose financial and housing security was devastated through elder financial abuse by a family member. She now faces the question: rent, buy or another solution?
*Name changed for privacy
๐๐พ the case study & backstory to Anneโs current circumstances
๐๐ป challenges, goals & questions
๐ Centrelink asset rules & pension impacts
๐๐ผ considerations for complex situations
๐๐ฝ the renting scenario & numbers
๐๐พ the buying scenario & numbers
๐๐ฟ retirement village scenario
๐ granny flat arrangement scenario
๐๐ป projections for aged care costs at age 80 for each scenario
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Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose
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