At this stage in your life:
You've been enjoying retirement, but now it’s time to plan ahead. Managing your home and garden might be getting tougher or consuming too much of your time. Maybe a sudden health issue has cropped up—making it important and urgent for you to prepare financially for downsizing into retirement community living or some form of aged care.
Alternatively, you could be entering retirement and thinking ahead—worried about having too much fun spending your retirement funds and being left without the means to cover care later in life.
You might also be assisting a loved one, like a friend, family member Mum, or Dad, who's ready for permanent residential aged care. As their enduring power of attorney, you're overwhelmed by the complexities of Aged Care fees and Centrelink regulations, in addition to the emotional strain of seeing your loved one needing care.
No matter which situation resonates with you, what you really need is professional financial guidance and support to ease the pressure, stress and anxiety and help you find the right solution for your circumstances. Ultimately, providing peace of mind that your tailored solution is affordable and the best possible way forward for everyone.
LifePath Financial Planning can
help you with:
- Understanding your care options and the affordability and financial implications of each—helping you to determine the right care option for yourself or your family member. (Whether it be home care, a retirement village, community living, or an aged care facility).
- Calculating any means-tested fees, identifying strategies for minimising these fees and maximising Centrelink payments.
- Clarifying any confusing entry and exit fees for retirement villages or aged care facilities.
- Budgeting and cashflow management to handle healthcare costs and meet care deposits, facility fees and ongoing payments.
- The tax considerations for planning your entry into aged care.
- Gifting rules that could affect your pension and income-tested fees.
- Legislation and entitlements for support.
- The implications of selling or keeping your current home to pay for aged care costs.
- Estate planning. More than just a Will, we will help you arrange your assets so that your life savings end up securely in the right hands at the right time, in the most tax-effective manner.
Why choose us?
Industry Leader in Aged Care
Our specialist Aged Care team works with a range of Brisbane facilities, hospitals and community organisations.
2 OFFICES IN BRISBANE
Convenient for our clients, with locations across Northside and Southside Brisbane.
A Best-Practice Organisation
Being a fully family‑owned and self‑licensed practice with no alignment to any investment or super providers means our guidance is shaped only by what matters most: your goals, your values, and your financial future.
Our Free Resources
Uninformed financial decisions can be very costly and may result in undesirable lifestyle outcomes. Use this guide understand your Retirement Community options and the strategies available to you.
Wondering what aged care options are available? LifePath Financial Planning outlines the types of care available for seniors, from home care to community living to residential aged care.
Uninformed financial decisions can cost thousands of dollars and, in some cases, restrict the options of care available. Use this guide to access all the financial planning information you need to know about this life stage from assessing your eligibility to the fees and charges associated with aged care.
Navigating the financial complexities of ageing and aged care can be a daunting task for individuals and families. Here at LifePath, we understand the unique financial challenges that come with planning for later life. Our dedicated, compassionate team of experienced financial experts is here to provide you with comprehensive financial planning and advisory services tailored to your specific needs. Whether you're focused on leaving a financial legacy, planning ahead for your own aged care or assisting a loved one, we're here to guide you through every step of the journey.
Preparing for—or entering—later life? Need financial advice about downsizing into a retirement community or transitioning a loved one into aged care? Let’s connect.
The first meeting is on us. There’s no cost and no pressure. Just a conversation with our compassionate, knowledgeable team to make sure we’re the right fit for you or your family.
What LifePath financial planning clients say
James is absolutely fantastic. He’s really knowledgeable and delivers valuable advice in a very calm and professional manner. I cannot recommend James highly enough.
Lifepath have supported me through some major life milestone with professionalism and integrity. Their clear and practical advice relieved the stress of settling my father’s estate and the uncertainty of entering retirement.
I have had the pleasure of collaborating with the Life Path team when working within the aged care sector. After confidently recommending them to many, many families needing specialist guidance, there is no-one I trust more to navigate my own retirement journey. I trust them, I like them and continue…
Tim Fanning from LifePath has been an invaluable support to our entire family, especially our Mum, during her transition to aged care. The process of moving into aged care can be overwhelming, but Tim’s professionalism and deep understanding of the financial landscape made a world of difference. He expertly guided…
James is very professional by giving the advice based on the client’s background, situation and retirement plan. I would be very happy to recommend him to anyone.
We were interviewed in an excellent manner by Shannon McKeown, who was very thorough and helpful. We have given great thought to her possible options. Thank you for suggesting an interview for us. When Shannon heard that we had read one of your recent books, she gave us a copy…
Excellent financial advisers – LifePath provides something that money can’t buy – peace of mind. The peace of mind that comes from knowing your financial affairs are being given the utmost professional, ethical, and personal attention – while staying focused on the investment goals that are important to you. Their…
I wanted to give you a big thank you for making sure that I really enjoy my retirement! I am not sure if I have ever specifically said that to you before, but I wouldn’t believing the life I now have if you hadn’t supported me in managing my finances. …
We were recommended to LifePath by close friends and have been extremely happy with the service received to date. We have been dealing with Craig and he was very helpful and knowledgeable with our transition of our super fund from a SMSF to a more standard plan. Then we went…
James gave me expert advice on the topics listed above – mainly in relation to my mother’s entry and exit of an Aged Care facility. He explained all the financial considerations in relation to maximising her assets and cashflow whilst minimising tax and in the ongoing management of the RAD….