Big changes are coming to residential aged care in Australia from November 1st, 2024—and for many families, that means paying more. In this episode, Nathan walks Jordan through the updated fee structure, including the introduction of the hoteling contribution, RAD retention, and a complete overhaul of the means-tested care fee (now called the non-clinical care contribution).

They break down how the new rules will affect middle-class Australians in particular, what remains grandfathered for those already in care, and why the timing of entry into care could have significant financial consequences.

If you’ve got a parent or loved one nearing the point of needing aged care, this is a must-listen to understand what’s changing, how to plan around it, and when to seek advice.

Nathan:

advice@nathanfradley.com.au

www.nathanfradley.com.au

Jordan:

jordan@planningsolo.com.au

www.planningsolo.com.au

The information contained in this podcast is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

Jordan and Nathan are both authorised representatives of PlanningSolo Licensing, AFS Licence 526143.

When people imagine retirement, they often picture beaches, golf courses, or caravanning adventures. But once the novelty wears off, many retirees face a quieter question: Now what? In this episode, Nathan and Jordan talk about the reality of retirement beyond the finances—how it affects your sense of self, your relationships, and how you spend your days.

Nathan:

advice@nathanfradley.com.au

www.nathanfradley.com.au

Jordan:

jordan@planningsolo.com.au

www.planningsolo.com.au

The information contained in this podcast is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

Jordan and Nathan are both authorised representatives of PlanningSolo Licensing, AFS Licence 526143.

Being appointed as someone’s Power of Attorney can feel like an honour—but it’s also one of the most legally and emotionally complex roles you can take on. In this episode, Nathan and Jordan dive into what it really means to manage another person’s finances, especially when that person is vulnerable or in care.

They unpack the tricky balance between honouring someone’s wishes, acting in their best interests, and avoiding conflicts of interest.

With real-world examples, including the emotional toll of family care, they highlight the grey areas where good intentions can land people in hot water. Whether you’re already in this role or helping someone prepare for it, this episode will help you navigate the responsibility with clarity and care.

Nathan:

advice@nathanfradley.com.au

www.nathanfradley.com.au

Jordan:

jordan@planningsolo.com.au

www.planningsolo.com.au

The information contained in this podcast is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

Jordan and Nathan are both authorised representatives of PlanningSolo Licensing, AFS Licence 526143.