Aged care financial advice — clear decisions, less stress
We help families across Melbourne and regional Victoria understand aged care options, fees and funding — and make confident decisions on home care or residential care, RAD/DAP, Centrelink and the family home.
Who is this for?
- Families and carers helping a parent or partner into care
- Older Australians comparing home care vs residential care
- People unsure about RAD/DAP, daily fees and means testing
- Anyone needing a calm, practical plan under time pressure
What we help you solve
- Understand the fees: basic daily fee, means‑tested care fee, accommodation payments (RAD/DAP)
- Decide on the family home: keep, rent or sell — implications and trade‑offs
- Compare options: Home Care Packages vs residential aged care
- Navigate Centrelink/assessments and paperwork
- Structure cash flow so care is affordable and sustainable
What you’ll get with EJM
- Aged care options briefing in plain English (home care vs residential)
- Fee modelling: RAD/DAP comparisons and total cost scenarios
- Home decision framework: implications for age pension, fees and cash flow
- Entitlements guidance: Centrelink assessments and eligibility support
- Funding plan: how to pay fees sustainably, with practical next steps
- Implementation help: paperwork, timelines and coordination
- Ongoing reviews: adjust as care needs and rules change
Our advice is tailored. Personal recommendations are provided only after we understand your objectives, financial situation and needs.
Choosing the right care path
Home Care Packages
- Support at home; package level determines services/funding
- Useful when care needs are moderate and independence is a priority
Residential Aged Care
- Higher, consistent care with 24/7 support
- Fees include daily fees, means‑tested care fee (if applicable) and accommodation payments (RAD/DAP)
- We’ll help you weigh costs, care needs and family preferences — then create a plan.
Understanding RAD, DAP and other fees
RAD (Refundable Accommodation Deposit):
A lump sum that is generally refundable
DAP (Daily Accommodation Payment):
A payment in lieu of, or alongside, a RAD
Daily fees and means-tested care fee:
We’ll model combinations (RAD only, DAP only, or a mix) so you can decide with confidence.
How we work together
You’ll always understand the “why” and “how” before any decision is made.
Step 1 - Complementary Intro Call
A no-cost, no-obligation chat to understand your goals and confirm fit.
Step 2 - Strategy & Plan
We gather key details, model fee scenarios and recommend a funding approach in plain English
Step 3 - Implement & Review
We help with paperwork, timelines and ongoing adjustments as care needs evolve.
Our approach to aged care
People first:
Respect, dignity and family preferences guide the plan
Clarity over complexity:
Plain-English explanations and timelines
Balanced modelling:
We show trade‑offs for the home, fees and cash flow
Steady support:
We stay with you as care needs and rules change
Trusted by clients across Melbourne and regional Victoria
What this service is — and isn’t
What it is
Tailored advice on aged care funding, fees and structure — provided after we understand your objectives, financial situation and needs.
What it isn't
Guarantees of specific fee outcomes or entitlement approvals. Rules and assessments apply to each person’s circumstances.
Super & SMSF FAQs
RAD is a refundable lump sum; DAP is a regular payment instead of (or with) a RAD. We’ll compare costs so you can choose.
Ready to make confident aged care decisions?
Book your complimentary intro call now. No obligation — just a clear next step. Booking takes about 60 seconds. We’ll be in touch within 1 business day.
Prefer another way? Contact Us