Residential care subsidy

The results you will get from using our calculators do not take into account:

In addition to New Zealand Super, you may qualify for some extra government assistance if your income falls below a certain level.

If you are aged 65 or over and need financial help to pay for long-term care in a rest home or hospital, you might qualify for a Residential Care Subsidy.

Although most people remain in their own homes during retirement, a small number shift into rest homes.

People usually set up trusts so they no longer legally own their house or other assets, but can continue to use and enjoy them as beneficiaries of the trust.