Augmented Reality (AR) technology, once confined to entertainment and gaming, is now emerging as a powerful tool with the potential to revolutionise senior care and cognitive support. In Australia, institutions like Westmead General Hospital are at the forefront of using AR systems to aid seniors. This article explores the case for employing augmented reality to … Continued
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Retirement comes with its own set of financial considerations and responsibilities. In Australia, the Commonwealth Seniors Health Card (CSHC) is a valuable resource for seniors, providing access to a range of concessions and benefits related to healthcare costs. However, for those who have received superannuation fund inheritances from deceased loved ones, understanding how this inheritance … Continued
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Australia’s Support at Home programme aids seniors in receiving care at home, reflecting a growing desire for ageing in place. With people ageing, the desire to remain in the comfort of our own homes often becomes more important than ever. In Australia, the federal government has recognised this need and is developing a new care … Continued
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Seniors seek to safeguard their wealth through asset protection trusts, ensuring a smooth transfer to future generations. Learn why it’s vital and its benefits. In the later years, elderly Australians find themselves in a unique position, having accumulated a lifetime of assets and wealth. Preserving this wealth for their own well-being and ensuring a seamless … Continued
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Reaching the age of 50 is a significant milestone in one’s life, particularly when it comes to assessing your financial standing and preparing for retirement. In Australia, there are certain perceptions and benchmarks associated with net worth at different ages. This blog post explores the importance of determining your net worth by age 50 and … Continued
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The Home Equity Access Scheme (HEAS) helps seniors finance education, combating financial struggle and keeping the mind active to avoid decline. Retirement may be a time to relax after a lifetime of grind, but it’s important to keep the mind active and avoid cognitive decline. Continuing education is one great way to do this. Unfortunately, … Continued
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Taking multiple medications to manage chronic conditions, such as diabetes, hypertension, or arthritis, becomes a higher priority later in life. While medication can improve quality of life, it also comes with risks, especially when not taken as prescribed. Medication errors, such as taking the wrong dose or mixing incompatible drugs, can lead to serious health … Continued
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There has been increasing focus on the notion of early inheritance, wherein adult offspring approach their parents or grandparents for an advance on their future inheritance. This trend is becoming more prevalent due to factors such as extended lifespans and the escalating cost of housing. Many parents are open to assisting their children in advancing … Continued
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The Department of Health and Aged Care engaged in discussions with elderly individuals, professionals in the aged care industry, and design specialists to enhance the layout of residential aged care facilities. This initiative was prompted by recommendation 45 of the Royal Commission into Aged Care Quality and Safety Final Report. These discussions are contributing to … Continued
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