{"title":"Social Security","description":"","products":[{"product_id":"aged-care-home-care-simple-date","title":"Aged Care Calculator - Pre \u0026 Post 1 Nov","description":"\u003cp\u003e \u003cspan data-mce-fragment=\"1\"\u003eOur Aged Care calculator provides a clear and accurate estimation of the individuals aged care costs.  It allows a comparison between both grandfathered residents and post 1 November rule changes. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eIt takes into consideration government subsidies, Centrelink Age Pension entitlements and the impact of clients being classified as either \u003cstrong\u003eLow Means Residents\u003c\/strong\u003e or \u003cstrong\u003eFully Supported Residents\u003c\/strong\u003e. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eRetention rates for the Refundable Accommodation Deposit are calculated over the 5 years and easily to visualise in our Retention Chart and easily compares the difference between retention costs and DAP indexation. \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eThis takes the guess work out of determinig the benefits of strategies and the impacts of remaining a RAD paying resident versus being a low means resident.  Utilising our aged care calculator will have to navigate the complexity of aged care advice with ease and allow for advisers and clients to make well informed choices.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003e\u003c\/span\u003e\u003cspan data-mce-fragment=\"1\"\u003eNOTE: This calculator considers the Australian Tax \u0026amp; Social Security Rules and may not be an appropriate tool for use outside of Australia.\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003eThe calculator includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eCalculation of Refundable Accommodation Deposit vs Daily Accommodation Payment\u003c\/li\u003e\n\u003cli\u003eComparison of RAD retention versus indexation of DAP\u003c\/li\u003e\n\u003cli\u003eIdentifying Low Means and Fully Supported Residents and any associated RACs or DACs\u003c\/li\u003e\n\u003cli\u003eCentrelink Age Pension Calculator and rent assistance estimator\u003c\/li\u003e\n\u003cli\u003eGraphical representation of the impact of drawing the DAP from the RAD\u003c\/li\u003e\n\u003cli\u003eImpacts of changes to the Care Providers Accommodation Supplement for low means residents\u003c\/li\u003e\n\u003cli\u003eCompare fees for grandfathered residents versus post 1 November rule changes\u003c\/li\u003e\n\u003cli\u003eImpacts of having a protected person in the home\u003c\/li\u003e\n\u003cli\u003eAssessable income for income test including CSS pension, annuities and deemed income\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eIt includes 2 detailed charts:\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003e1. Total Aged Care Fees\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003e2. DAP from RAD\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eYou will receive updated \u003c\/span\u003e\u003cspan data-mce-fragment=\"1\"\u003eAged Care calculators \u003c\/span\u003e\u003cspan data-mce-fragment=\"1\"\u003efor remainder of the financial year with Service Australia updates.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003ePurchase will generate an instant file to download and contains a link to our instructional video.\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003eThe outputs are easy to read, professionally designed and quick to use.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003eNote changes to aged care fees and caps can occur on \u003cstrong\u003e20\u003c\/strong\u003e\u003cstrong\u003eth March and 20th September\u003c\/strong\u003e annually.  Please bare this in mind when purchasing our calculators.  \u003c\/p\u003e","brand":"Big Sums","offers":[{"title":"Default Title","offer_id":45651931463973,"sku":"","price":99.95,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0789\/8595\/3573\/files\/AgedCareTitle.png?v=1775775012"},{"product_id":"centrelink-age-pension-estimator","title":"Centrelink Age Pension Estimator","description":"\u003cp\u003eCalculate Centrelink Age Pension entitlements and quickly see impacts to asset and income tests.  \u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eBy inputting current financial data you can accurately determine what current Centrelink Age Pension entitlements will be and compare these to potential changes to entitlements with the implementation of financial strategies. \u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003eNOTE: This calculator considers the Australian Social Security laws and may not be an appropriate tool for use outside of Australia.\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003eIt includes analysis of:\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003e\u003cspan data-mce-fragment=\"1\"\u003eAsset \u0026amp; Income Tests\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan data-mce-fragment=\"1\"\u003eCSS Pensions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan data-mce-fragment=\"1\"\u003eDeeming Rates\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan data-mce-fragment=\"1\"\u003eRent Assistance\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003e\u003cspan data-mce-fragment=\"1\"\u003eGrandfathered account based pensions\u003c\/span\u003e\u003c\/li\u003e\n\u003cli\u003eHomeownership vs the impact to non homeowners\u003c\/li\u003e\n\u003cli\u003eGranny Flat assessment\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003ePurchase will generate an instant file to download and contains a link to our instructional video.\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003eThe outputs are easy to read, professionally designed and quick to use.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eYou will receive updated Centrelink Age Pension calculators for remainder of the financial year with Service Australia updates.  \u003c\/span\u003e\u003c\/p\u003e","brand":"Big Sums","offers":[{"title":"Default Title","offer_id":45651976356133,"sku":"","price":79.95,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0789\/8595\/3573\/files\/Title_2.png?v=1775900283"},{"product_id":"the-adviser-bundle","title":"The Adviser Bundle","description":"\u003cp\u003eBundle the key advice calculators.  Included in this bundle is:\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eAged Care Calculator\u003c\/li\u003e\n\u003cli\u003eCentrelink Aged Pension\u003c\/li\u003e\n\u003cli\u003eCapital Gains Calculator\u003c\/li\u003e\n\u003cli\u003eDiv 293 Estimator\u003c\/li\u003e\n\u003cli\u003eLoan Repayment Calculator\u003c\/li\u003e\n\u003cli\u003eRecontribution Strategy\u003c\/li\u003e\n\u003cli\u003eTransfer Balance Cap\u003c\/li\u003e\n\u003cli\u003eCashflow \u0026amp; Tax\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eBundle and save our most popular Adviser calculators. \u003c\/p\u003e\n\u003cp\u003eYou will receive updated Aged Care, Home Care and Centrelink Age Pension calculators for remainder of the financial year with Service Australia updates.  \u003c\/p\u003e","brand":"Big Sums","offers":[{"title":"Default Title","offer_id":47741674946853,"sku":"","price":499.95,"currency_code":"AUD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0789\/8595\/3573\/files\/listingpage_6bbf3eed-b07b-4995-9d75-db2531182829.png?v=1775900149"},{"product_id":"aged-care-strategy-comparison-calculator-pre-post-1-november-2025","title":"Aged Care Strategy Comparison Calculator - Pre \u0026 Post 1 November 2025","description":"\u003cp\u003e \u003cspan data-mce-fragment=\"1\"\u003eOur Aged Care Strategy Comparison Calculator shows the Day One impact of cost of care and then allows you to build upon this with different strategies to build the most appropriate Aged Care Financial Strategy.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eBuilt to demonstrate both grandfathered residents, those who entered care after 1 November 2025 and anything in between.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003e\u003c\/span\u003e\u003cspan data-mce-fragment=\"1\"\u003eIt takes into consideration government subsidies, Centrelink Age Pension entitlements and the impact of clients being classified as either \u003cstrong\u003eLow Means Residents\u003c\/strong\u003e or \u003cstrong\u003eFully Supported Residents\u003c\/strong\u003e.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eIt clearly shows the impact of RAD retention rates and indexing of the DAP and allows you to compare both options to determine impacts of change of classifications.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eThis takes the guess work out of determining the benefits of strategies and the impacts of remaining a RAD paying resident versus being a low means resident.  Utilising our aged care calculator will help to navigate the complexity of aged care advice with ease and allow for advisers and residents to make well informed choices.  \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003e\u003c\/span\u003e\u003cspan data-mce-fragment=\"1\"\u003eNOTE: This calculator considers the Australian Tax \u0026amp; Social Security Rules and may not be an appropriate tool for use outside of Australia.\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003eThe calculator includes:\u003c\/span\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eComparison of Day One position to 4 alternative strategies.\u003c\/li\u003e\n\u003cli\u003eImprovement of cashflow and reduction of aged care fees are calculated.\u003c\/li\u003e\n\u003cli\u003eEstimation of when means tested fee caps are met\u003c\/li\u003e\n\u003cli\u003eComparison of grandfathered MTF fees compared to post 1 November hotelling contributions and NCCC. \u003c\/li\u003e\n\u003cli\u003eSee exactly how much retention is applicable over 5 years, so residents can see how much RAD will be refunded.\u003c\/li\u003e\n\u003cli\u003eSee how long a paid up Refundable Accommodation Deposit (RAD) will sustain a drawdown of DAP\u003c\/li\u003e\n\u003cli\u003eCalculation of Refundable Accommodation Deposit vs Daily Accommodation Payment and the impact of recently introduced DAP indexing. \u003c\/li\u003e\n\u003cli\u003eIdentifying Low Means and Fully Supported Residents and any associated RACs or DACs.  \u003c\/li\u003e\n\u003cli\u003eCentrelink Age Pension Comparisons and rent assistance estimator\u003c\/li\u003e\n\u003cli\u003eImpacts of changes to the Care Providers Accommodation Supplement for low means residents\u003cbr\u003e\n\u003c\/li\u003e\n\u003cli\u003eImpacts of having a protected person in the home\u003c\/li\u003e\n\u003cli\u003eAssessable income for income test including CSS pension, annuities and deemed income\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003eIt includes detailed charts:\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003e1. Total Aged Care Fees\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003e2. DAP from RAD from individual strategies plus combined graph\u003cbr\u003e3. RAD Retention rates\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan data-mce-fragment=\"1\"\u003ePurchase will generate an instant file to download and contains a link to our instructional video.\u003c\/span\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cbr data-mce-fragment=\"1\"\u003e\u003cspan data-mce-fragment=\"1\"\u003eThe outputs are easy to read, professionally designed and quick to use.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eNote changes to aged care fees and caps can occur on\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003e20th March and 20th September\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eannually.  Please bare this in mind when purchasing our calculators.  \u003c\/span\u003e\u003c\/p\u003e","brand":"Big Sums","offers":[{"title":"Default Title","offer_id":52181689139493,"sku":null,"price":259.95,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0789\/8595\/3573\/files\/1_9530506c-4000-4a21-a665-83e61d82abf6.png?v=1775387330"}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0789\/8595\/3573\/collections\/piggy_bank.png?v=1690109583","url":"https:\/\/www.thesumlab.com.au\/collections\/social-security.oembed","provider":"The Sum Lab","version":"1.0","type":"link"}