Segue Financial Services has a long and successful history in the industry helping clients from all kinds of backgrounds navigate complex problems and transition to new phases in their life.
The inclusion of a government pension into your retirement income stream can make a huge difference to your financial position. Every dollar you receive from the government in the form of a pension is a dollar you don’t have to draw from your own savings.
If you are a pensioner and you enter aged care, you may find that, depending upon the steps you take, this change has an impact on your pension entitlements. If you aren’t a pensioner, you may find that following a move to aged care you become entitled to the pension (and the associated benefits).
It is therefore important that when structuring your finances to provide for your aged care needs, the impact on your entitlement to government benefits is at the forefront of our thinking.