Nobody wants to admit to themselves that their parents have grown old and frail. It’s a stark reminder that time marches on and life is not forever. But there are certain realities that must be faced if we are to keep our loved ones safe.
Here are some signs to watch out for which, if they are occurring more frequently, may point to mum or dad needing some extra help.
Spotting one or more of these clues is not necessarily cause for alarm in itself; it may just be an isolated incident. But if there are multiple instances of one or more, it may be time to chat to mum or dad about ‘getting some help around the house’.
Help from family members may be easier for them to accept in the short term. If this is not possible, you may need to consider paying for support services like house cleaning, shopping and gardening. You can also contact the Myagedcare hotline on 1800 200 422 to request an aged care assessment to determine your parents’ eligibility for government subsidised services.
Speak to our expert financial adviser Shane Lee if you would like more information about the range of aged care options available to older Australians living at home.
Disclaimer: The information in this article is general and does not take into account your particular circumstances. We recommend specific tax or legal advice be sought before any action is taken and refer to the relevant Product Disclosure Statement before investing in any product. Current at December 2020. Subject to law, Capstone Financial Planning nor their directors, employees or authorised representatives gives any representation or warranty as to the reliability, accuracy or completeness of the information; or accepts any responsibility for any person acting, or refraining from acting, on the basis of the information contained in this document. Principal Wealth Management Pty Ltd trading as BMO Financial Solutions ABN 53 109 336 601 is a Corporate Authorised Representative (CAR 277821) of Capstone Financial Planning Pty Ltd ABN 24 093 733 969 Australian Financial Services Licence (AFSL) No. 223135.