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3 things about RAD refunds

The price quoted for a room in residential aged care is a large amount of money, but it is not “lost” money. You are effectively buying a new home, and the price is refundable when you leave.

Three things to know about RADs:

  • The amount you pay is refundable
  • It is Government guaranteed
  • Paying a RAD may help you qualify for a higher age pension

    • If you want to know more about the RAD refund rules, ask us for help.

    Events
    How can we help you?

    Contact us at Smart Wealth Financial Solutions office or submit an inquiry online.

    Contacts

    I am exceptionally happy with the quality of the advice and service that I continue to receive from Chris. Over the years I have been impressed with his breadth of knowledge and expertise, and his ability to deliver it in a simple to understand manner.

    Tony Marshall
    Long term client