{"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","url":"https:\/\/www.thesumlab.com.au\/products\/aged-care-home-care-simple-date","provider":"The Sum Lab","version":"1.0","type":"link"}