How much is your lifestyle worth as you age and what is the financial opportunity cost of these decisions?
Nick Donnelly from Plenary Wealth is a financial advisor who specialises in retirement living, aged care and granny flat agreements and believes that the lifestyle benefits of seniors living communities can often trump the financial cost, but alignment between family members is critical when planning for this stage.
In this episode of The Business of Ageing, we will be discussing the best ways for people to educate themselves on the options available to them and why getting organised early can save a lot of heartbreak down the track.
Nick will be diving into the detail of retirement village and residential aged care contracts and what people need to be aware of as they transition from one to another.
We will be learning about the concept of "granny flat agreements" and how these can be a win-win option for multigenerational families looking to delay aged care as long as possible.
The Business of Ageing podcast has been produced by Shaun Alexander at Pluss Communities.
To learn about Pluss Communities click here
Click here to learn more about Nick Donnelly
Click here to learn more about Plenary Wealth
Is there someone that you'd like featured on The Business of Ageing? Send Shaun your guest ideas here
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