Leading software that does the hard work for you.

Advice Generator screen shown on computer

Develop an advice document in under
two hours.

Don’t waste time building your own spreadsheets and text templates. Aged Care Steps has done the work for you.

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The leading aged care software since 2014.

With simple data input and templated SOA wording, the Advice Generator™ is fast and flexible. You can model and compare up to five strategies in one easy to read table and produce an advice document, with confidence in the accuracy of outcomes.

The Aged Care Steps Advice Generator™ is simple to learn and use, and we’ve provided extensive help support tools within the system. It helps you save time and enables delivery of quality advice to your clients and their families.

Key features include:

Watch an overview of the Advice Generator™.

 
 

  • Unique two-stage process to replicate the impact if time is needed to sell or rent home.

  • Calculate full cashflow, expenses (including fees), Centrelink/DVA, taxation and end of year asset position.

  • Select 5 or 10 year forward projections – with cashflow and asset value graphs.

  • Flexibility to include all costs for strategy options, including capital gains tax.

  • Quick to use with single data entry for modelling, that populates through to an advice document template.

  • Schedules showing tax, Centrelink and DAP from RAD impact.

  • Additional quick stand-alone calculators.

What can you model using the Advice Generator™?

 

Former home strategies:

  • Rent or sell former home (at start or at a future date) or leave vacant

  • Downsize options for spouse (cheaper home or retirement village)

  • Impact of 2-year rule for Centrelink/DVA

  • Impact if protected person staying in home

  • Retain former home and purchase a new home.

Client situations:

  • Single person or couples

  • New or existing Support at Home or residential care clients (including grandfathered clients)

  • Low-means and market-price residents

  • Self-funded retirees, means not-disclosed and non-residents

  • Support at Home recipients.

RAD / DAP strategies:

  • Compare different RAD amounts

  • Select which investments to liquidate to pay fees including from super, investment properties, trusts/companies, ABPs (deeming & deductible rules)

  • Strategies to deduct DAP/DAC from RAD/RAC (as well as other fees) starting now or at a future point in time

  • Using home equity loans or borrowing from family members to help fund fees.

When modelling aged care scenarios, the Advice Generator allows real simplicity and flexibility.

Download the Advice Generator™ flyer