Aged Care Fee Estimator

Our Aged Care fee Estimator will provide you with an estimate of the fees you can expect to pay when receiving Aged Care partly subsidised by the Australian government. Your actual costs may differ. Consult a Financial Adviser for a more tailored estimation.

Do you have a partner?

You are considered to have a partner if you are married or in a de facto relationship.
A de facto relationship applies to opposite sex and sex relationships.

Yes

What is your estimated annual income?

Income would include any of the following:

Age pension, service pension or overseas pension
All net income from rental property
War widow/ widower pensions and some disability pensions
Net income from business, income from superannuation income including annuities, family trust distributions and any dividends from private company shares.

What is your (and your partner's) estimated annual income?

Income would include any of the following:

Age pension, service pension or overseas pension
All net income from rental property
War widow/ widower pensions and some disability pensions
Net income from business, income from superannuation income including annuities, family trust distributions and any dividends from private company shares.

Do you own your home that you live in? (Either outright or with a mortgage.)

Only one property can be classified as your family home. This can belong to either you or your partner. A family home may be:

A house
Unit
Caravan
Mobile home
Interest in retirement village.

(Note that a granny flat is not considered to be a home or an asset.)

Yes

Does a partner/ carer/ close relation or dependant still live in your home?

This may include:

A partner
Dependent children
A carer who has lived with you in the home for the past 2 years - but must be eligible for an income support payment
A close relation such as a sibling, parent, child, grandchild who has lived with you for the past 5 years and is also eligible for an income support payment

Yes

What is the estimated current net market value of your home?

To get the net market value of your home, deduct your total outstanding mortgage from the market value of your home. (Note that the value of your home will be capped at $ 159,631.20)

What financial assets do you own that would be classified as income?

Your family home is not considered to be an asset. Financial assets are considered to be:

Bank, building society and union accounts
All cash
Term deposits
Cheque accounts
Managed investments
Listed shares and securities
Loans
Shares in unlisted public companies
Gold bullion and other bullion
Any amounts gifted above $10,000 in the last year or $30,000 in the last five years.

What is the estimated value of your other assets?

House and content as well as personal effects are generally valued at $10,000.
Foreign assets including investments, business interest and real estate
All investment properties
Special collections including art works and antiques
Superannuation balances
Private trusts, family trusts and private companies
Net retirement villages entry contributions
Refundable accommodation deposits.

What is the value of your debts?

Do not include the mortgage on your family home, credit card debt, or personal loans.

Your estimate

Basic daily fee

$0.00 per day

Optional service

to be discussed with your nursing home

Means- tested care fee

$0.00 per day.

Accommodation payment

to be agreed with your nursing home

Total

$0.00 per day

The above is an estimate only, based on information entered

Calculate