Retirement Income

Alarmingly low numbers financially plan for aged care

25 Aug, 2021

New research jointly prepared by National Seniors Australia and Challenger has revealed that only 14% of older Australians surveyed have prepared financially for their aged care.

It also revealed that another 38% had thought about aged care costs and that such planning was higher amongst those of a more mature age, higher education and greater wealth.

Read the full report here.