Aged Care Archives - MGD


In our library, you will find the latest financial news, valuable insights and ideas, tips and tricks we've learnt over the years and other helpful educational pieces.

Aged Care

Federal Budget 2023 | Social Security and Welfare

10 May 2023
On 9 May 2023, Federal Treasurer, Jim Chalmers, handed down the 2023/ 24 Federal Budget. In this article, we outline the key social security and welfare highlights from the announcement.

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Understanding the costs of aged care

1 March 2023
By Mikaela Holmes
“Do we need to sell the family home?” This is probably the number one question I get asked by concerned children when grappling with the idea of putting their parents into Aged Care. And whilst the answer will be “yes” for some, that is not always the case and there are plenty of options to work through first.

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Federal Budget 2021 | Aged Care and Social Security

12 May 2021
Federal Treasurer, Mr Josh Frydenberg, handed down the 2021/ 22 Federal Budget at 7:30 pm (AEST) on Tuesday, 11 May 2021. With the virus still a threat to the global and domestic economy, the Budget contains various measures to support businesses and individuals with job creation, incentives, tax relief and superannuation changes. The aged care and social security highlights are set out in this post.

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Sequencing Risk: Why the path of your investment returns matters when you retire

15 January 2018
For those within the critical five years prior to retirement, the potential for investment losses presents a very specific risk: sequencing risk. That risk is where portfolio losses in drawdown accounts can have a very detrimental long-term effect on the longevity of that capital. This whitepaper explains sequencing risk and some of the ways to mitigate it.

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