Donald Swanborough

Day Presenting:  Monday 29 October
Time: 12:00pm-12:30pm
Session Concurrent A1 – Governance
Presentation Title Retire Well, Live Well
Position Title Senior Aged Care Advisor
Company Affinity Aged Care Financial Services

Abstract: 

Due to adverse media comment the retirement village industry has been hit with a wave of negativity. However recent research tells us many residents have reported a significant increase in happiness since moving into a retirement community. Why the problems? Is it because only 56% of residents seek legal advice before moving into a retirement community, or worse still only 38% of residents discuss the move with their children. Even more astoundingly only 18% of residents seek financial advice before moving into a retirement village. If potential residents were encouraged to seek out proper advice before making this decision so they understand the consequences of their move and involve family how much more informed would they be to enter their new home with confidence and in eager expectation. What are the benefits? They will understand their rights and responsibilities under their contract, understand their financial options to manage their pension and cashflow outcomes and by involving the children upfront they can help them appreciate mum and dad’s desire to enhance their lifestyle. Let’s show you how a knowledgeable retirement village adviser can empower people to make accommodation decisions with confidence, mitigate their risks and relieve their fears so you end up with happy, financially viable residents.

Biography:

As a specialist retirement living adviser with more than 30 years in the industry, Don has extensive experience in guiding clients through the complexities of the aged care and retirement living systems. Now that many retirement villages are co-located with aged care facilities Don and his team is partnering with them to deliver independent financial advice to potential residents to assist them to make their move with confidence. He is an Associate of Financial Planning Australia and a member of the Association of Financial Advisers.