Downsizing and retirement living planning is like playing chess — you need to stay one step ahead, and the financial ins and outs of aged care can feel overwhelming.
Does the family home have to be sold? How does means testing work? What about paying lump sums to go into aged care?
Rachel Lane, Principal of Aged Care Gurus and author of 'Downsizing Made Simple', talks to Lisa Leong about the differences between home aged care packages and aged care, how they work, and the processes behind them.