Age Care
Strategic financial advice for a loved one who is transitioning into Age care
APPROACH
How we help?
We’ll assist you in finding the most suitable strategy for you and your family, including financing initial accommodation, managing cash flow, maximising tax benefits, exploring options for your family home, optimising Centrelink benefits, and minimising the impact on your savings and estate.
PROCESS
How we do it
/01
Initial Discussion
We will ask for information about your current financial position and your financial goals to determine the scope of advice. This scope may be limited if information provided is incomplete or inaccurate or if your instructions are outside of our authority.
/02
Decision to Proceed with Advice
If you agree that personal financial advice is in your best interests, you will receive a quote for the cost of developing your financial plan (called an SoA) based on the scope agreed to with your adviser.
/03
Developing your Plan
If you decide to proceed, we will research and develop an appropriate strategy based on your goals and financial position and document this in an SoA.
/04
Presenting your Plan
When your plan is complete, we’ll contact you to arrange an appropriate time to explain our advice including risks and costs associated with any recommended strategy, and provide you with a copy of the SoA
/05
Presenting your Plan
We will go through the steps involved to implement your plan and answer any further questions you have. For comprehensive advice, we will arrange the paperwork needed to implement our advice on your behalf where possible.
TESTIMONIALS
What our clients say
WHY US
Why you should choose us
Experience
Phil and Marty have over 30 years of experience within varies roles in the financial services industry.
Local
We're based in Central Victoria and travel throughout the countryside regularly. Prefer a phone or online appointment? We do that to!
Self-licensed
We're not aligned to any dealer groups or product providers, giving us freedom to provide customised advice that’s always in your best interest.
FAQ’s
Frequently asked questions
How can Greybox Wealth help me plan for age care costs?
Greybox Wealth designs a personalised aged care strategy that considers your cash flow, the costs of accommodation (RADs, DAPs, and other fees), and how to minimise the impact on your savings or estate. We help you understand your options so you can make informed, financially sound decisions during what is often a stressful time.
Will Greybox Wealth consider my family home and Centrelink benefits?
Yes. Your advice includes a full assessment of the family home, Centrelink rules, and how different decisions affect your Age Pension eligibility. We structure your plan to help maximise Centrelink benefits and make aged care fees more manageable.
What is the process for getting age care advice?
We begin by reviewing your financial details, goals, and family considerations. Then we prepare a clear, step-by-step plan outlining accommodation options, cash flow impacts, tax considerations, and Centrelink outcomes. Everything is explained in plain language so you understand the costs, risks, and recommended strategy before anything is implemented.
Do I have to travel to get advice, or can I do it online?
No travel is required. You can choose to meet in person, over the phone, or online via Zoom. Greybox Wealth also regularly travels throughout Central Victoria for clients who prefer face-to-face appointments at home.
Why should I choose Greybox Wealth for age care planning?
With more than 30 years of combined experience and no ties to product providers, Greybox Wealth offers independent, personalised aged care advice focused solely on your best interests. Our local knowledge, expertise in Centrelink, and tailored financial strategies help families navigate aged care decisions with clarity and confidence.