A lot of us ponder how much money we’ll need in retirement, and how long we’re likely to live; but very few of us speculate on what our aged care needs might be in terms of funding or lifestyle. Beth Hourigan, Aged Care specialist and social commentator, says she encounters people every day who are simultaneously dealing with their own retirement issues whilst looking after the aged care needs of elderly parents and relatives. People are generally healthier and living longer than previous generations, with retired men achieving 86+ years and women 90+ years; so it’s quite likely that more...
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