Transitioning from homeownership to living in aged care

Transitioning from homeownership to living in aged care can be a significant life change, and it is important to approach it in an organised and informed way.

Here are ten key steps that can help ensure a successful transition:

1. Evaluate Your Aged Care Needs

• Assess your physical, mental, and emotional health needs. Determine whether you need a high level of care (nursing care) or if you only require assistance with daily activities (supported living).
• You may want to consult a healthcare professional or family members to understand your needs.

2. Research Available Aged Care Options

• Investigate various aged care facilities in your area, comparing services offered, types of care, and reviews from residents and their families.
• There are different types of care: Residential Aged Care, Home Care Packages, and more.
• Be sure to look at government-funded options like the Aged Care Homes and Home Care Packages available under the Aged Care Act 1997.

3. Get a My Aged Care Assessment

• Apply for an assessment through My Aged Care, the Australian Government’s portal for aged care services.
• An assessor will visit you at home or meet with you to understand your care needs and determine what type of care is best for you.

4. Plan Your Finances

• Aged care can come with significant costs, so it’s important to review your finances. Understand how much you’ll need to pay for care and what financial support you are eligible for (e.g., government subsidies, income-tested fees, assets testing).
• Consider selling your property or renting it out, and plan for any ongoing expenses (e.g., fees for your aged care facility).

5. Prepare for the Emotional Impact

• Moving out of your home can be an emotional experience. Talk to your family, friends, or a counselor about the transition to help manage feelings of loss and uncertainty.
• Ensure you stay connected with loved ones, which can help alleviate feelings of loneliness or isolation.

6. Sort Out Your Belongings

• Begin sorting through your possessions early, deciding which items to keep, sell, donate, or dispose of.
• Consider downsizing the items that you take with you to your aged care facility. Many facilities have limited space.

7. Consult Legal and Estate Advisors

• Seek advice from a solicitor regarding your will, power of attorney, and any legal or financial matters that may need to be updated as you transition.
• If you’re selling your home, it’s important to have legal assistance with the process.

8. Choose the Right Aged Care Facility

• Once you have an assessment, you can start looking for a facility that meets your care needs, location preferences, and lifestyle.
• Visit multiple facilities to get a feel for their environment, check their amenities, and ensure the staff are trained and friendly.

9. Organize the Move

• Once you’ve selected an aged care home, coordinate the logistics of the move. Consider hiring a moving company that specializes in relocating elderly individuals.
• Organize your utilities (e.g., electricity, internet) to be transferred or disconnected from your home.
• Make sure all documents related to your new care arrangements are completed and submitted.

10. Settle Into Your New Environment

• Once you’ve moved in, take your time to adjust to your new living environment. Participate in the activities and social events provided by the aged care facility.
• Stay involved with family and friends and communicate regularly with the care staff to ensure your comfort and satisfaction.

Bonus Tip: Know Your Rights

• Familiarize yourself with your rights under the Aged Care Quality Standards and ensure that the facility you choose is accredited. This will give you confidence in the level of care and services you will receive.

With the right preparation, support, and mindset, transitioning to aged care can be a smooth and positive experience.

For Further Reading:

Here are some authoritative Australian government resources to help guide you through the process:

1. My Aged Care
   The Australian Government’s main portal for accessing aged care services. Visit My Aged Care
2. Department of Health and Aged Care
   The Australian Department of Health and Aged Care provides valuable information and resources for aged care planning. Visit Department of Health and Aged Care
3. Aged Care Quality and Safety Commission
   The independent government body that monitors and regulates the quality of care in aged care facilities. Visit Aged Care Quality and Safety Commission

These resources will help provide additional insights and support as you navigate the transition into aged care.

DISCLAIMER:

All of the information contained above and herein should be used as a guide only and Professionals Prowest Real Estate encourages readers to further investigate and source information directly from the correct authoritative agencies