Later Life Advice was established by Brendan Ryan with the single purpose of helping Australians make better financial decisions around aged care.
The idea grew over the course of a decade, when Brendan worked extensively in the Aged Care Sector. During this time, he saw the need for a highly specialised service that cuts through the complex issues faced when organising and paying for aged care.
Australians receiving age care help, either at home or in a nursing home, are at the time of their lives when they will receive the most significant financial support from the government. Not only is this support in the form of aged care cost help, but it may also include Centrelink Aged Pension, concessional Medicare treatment, Pharmaceutical Benefits Scheme help, discounts and concessions from government agencies as well as the various tax offsets and rebates offered to senior Australians.
At no stage in an Australians life is the interaction with government more significant.
At no stage is this interaction more complex.
Later Life Advice works to arm clients with the information and tools to cut through this complexity.
With an ageing population and governments considering new approaches to keeping budgets in balance, the system is likely to remain complex, and also subject to change.
The Living Longer, Living Better aged care reform package resulted in a new means testing regime on July 1 2014. Later Life Advice has been helping many clients across Australia in dealing with this new system
Brendan has previouslyhad a 20 year career at Macquarie Bank where he worked in investment management, investment research and investment advice.
Brendan has a Bachelors degree in Economics, a Graduate Diploma in Applied Finance and Investment, and has been a Certified Financial Planner for more than 10 years.