Shaun Ganguly has been engaged by Australian Unity, Estia Health, Calvary, Bolton Clarke and Uniting VIC.TAS to talk about financial planning with their residents.
Most recently Shaun was at Aveo Group’s Sackville Grange Retirement Village in Kew, 5km east of Melbourne’s CBD, to address any concerns residents had and clarify some of the issues that arise in villages.
“A common concern was the process of transitioning from a retirement village to aged care and whether substantial cash reserves were needed for this move. I explained the options available and highlighted the importance of accurate income and asset assessments to avoid paying higher care costs,” said Shaun, Director and Financial Planner at Retirement Village Financial Advice and Aged Care Financial Planning.
“Offering these educational presentations can be beneficial for retirement living providers, as they demonstrate transparency and empower residents to make informed decisions about their care needs.”
Shaun said his involvement arose in 2010 while assisting his grandparents in their move from the family home to a retirement village and later to residential aged care, “which led me to understand the challenges faced when navigating the system”.
Yet he has never been engaged by a residents’ association directly.
