422 To RAD or not to RAD: navigating the new aged care rules cover art

422 To RAD or not to RAD: navigating the new aged care rules

422 To RAD or not to RAD: navigating the new aged care rules

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Since November 1, Australia's aged care system had a major overhaul. Glen sits down with Nathan Fradley from Fradley Advice to cut through the acronyms and break down what families with aging parents actually need to know. They cover:


👉 why aged care doesn't start with a nursing home and the first step families should take

👉🏼 what does RAD actually mean?

👉🏽 the new November 1 rules

👉🏾 other aged care fees explained

👉🏿 what if only one parent needs to enter care?

👉🏻 the importance of sorting your power of attorney before there's a crisis


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This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au.

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