Understanding retirement living options
Posted December 13, 2021
Questions covered include (with a summary table at the end):
• When are the options available?
• What government subsidies are available?
• Can I access equity in my home?
• How much capital is returned on when I leave?
• How secure is my capital?
• How long might it take to get the capital back when I leave?
• Is it regulated by the government?
• Is Centrelink rent assistance payable?
• Are care services available?
• Can I apply for government-subsidised home care?