339 aged care case study: costs, funding strategies & changes from 1 Nov 2025

Need to move a parent or loved one into residential aged care? Glen James and financial adviser Nathan Fradley explain the four types of fees, what changes from 1 November 2025 and different ways to pay for aged care. They cover:

👉 the first steps in seeking aged care support

👉🏼 four key fees: accommodation (RAD/DAP), basic daily, means-tested & additional services

👉🏽 changes from 1 November 2025

👉🏽 why you don’t have to sell the family home straight away

👉🏾 updating Centrelink to avoid surprise bills

👉🏿 why lending money to a parent can backfire

👉🏻 case study: $1.6m home, $20k cash, $69k annual care costs

👉 options & strategies for funding aged care

👉🏼 strategies for couples when only one partner needs care

Connect with Nathan: https://www.nathanfradley.com.au/

Watch this episode on Youtube: https://youtu.be/Xg1tGdw8Y2s

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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 to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. Symo Interactive Pty Ltd trading as Retire Right Australia & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.Martin McGrath, Financial Edge Group and their employed financial advisers are authorised representatives of Synchron Advice AFSL 243313.

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