In this episode of NavTalk, guest host Laurie Golsby sits down with Andrew Wem, Navwealth's aged care specialist, to explore the complexities and critical importance of planning for aged care. Andrew shares his personal journey into the aged care sector, shedding light on the distinctions between over 55s retirement villages and aged care facilities. Throughout the episode, Andrew emphasizes the necessity of early planning and the pivotal role of the Aged Care Assessment Team (ACAT). He provides a comprehensive breakdown of the various fees involved in aged care and offers financial strategies to help minimise costs. Listen in for Andrew's practical tips on selecting suitable facilities, the benefits of respite care, and the significance of having a clear, communicated plan for aged care needs. Don't miss this insightful episode of NavTalk, "Navigating Aged Care." Laurie and Andrew delve into the intricacies of aged care planning, offering invaluable insights into different types of facilities, financial strategies, and the importance of early preparation. Make sure you're prepared for every step of the journey—listen now!

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