Senior financial services

What are the financial options for seniors.

FREE guide from Seniors First. Downloaded by thousands of Australians since its introduction in 2008.

Aside from reverse mortgages, Seniors First can also provide you and your family with much needed seniors financial advice.

If you are retired or approaching retirement, you may think that along with the end of full-time work all the big financial decisions are behind you.

However, nothing could be further from the truth. Some of the biggest financial challenges a person is ever likely to face now occur in the final 30 to 40 years of life:

Planning finances for a comfortable retirement
How to pay out your mortgage before you retire
Managing your superannuation effectively
Estate planning
Entry to aged care and funding aged care costs

In many of these circumstances, there is a strong need for good financial advice. To assist our customers, Seniors First can refer you to financial advisers upon request.

Control Your Financial Future with a Reverse Mortgage

By unlocking home equity, a reverse mortgage can help finance the cost of retirement and offer more options for pensioners, such as staying at home.

Many seniors wish to stay and receive aged care at home to spend their retirement with their loved ones.

So, the prospect of selling the home and moving into an aged care facility is typically the last resort for many. This is one of the top reasons why reverse mortgages are growing in popularity (albeit not enough to reach market standards).

Aged Care Financial Advice

Perhaps the financial challenge that looms largest for seniors is aged care.

With the implementation of the Living Longer, Living Better reform on July 1, 2014, aged care facilities must enforce tighter means testing on aged care and accommodation costs.

The importance of getting good information and considering all the options weighs more heavily than ever before. You and your family simply cannot afford to make uninformed decisions.

Effective financial planning for aged care includes practical and helpful advice on how you can pay aged care entry fees and accommodation fees such as:

Refundable Accommodation Deposit (RAD)
Daily Accommodation Payment (DAP),
Means-tested care fee

An experienced aged care financial planner may assist you with advice and strategies that:

Improve your cash flow
Minimise aged care costs
Help fund your aged care fees

Seniors First work with a a small network of financial advisers around who specialise in aged care financial advice in NSW, QLD, VIC, WA and SA.

What Our Clients Say...

Andrew Cate from Seniors First was amazing, he managed to arrange my reverse mortgage seamlessly. Working with him made the whole process completely painless and he explained every step along the way. I have no hesitation in recommending him to anyone thinking of this kind of mortgage Thank you so much Andrrw and Seniors First!

From the outset Andrew Cate was very helpful, considerate and very informative. He was available to answer questions at all times and we appreciated his professionalism and understanding of our needs during our application. Highly recommended. Thank you Andrew from Michael and Cherie Nikolaidis

Outstanding customer service received from Andrew Cate, Reverse Mortgage Specialist who expertly guided me through the loan process and kept me informed every step of the way. Sincere thanks to Andrew and Seniors First .. the loan has been life changing.

We recently completed a transaction through Seniors First and have been very impressed with the way it has been handled. we would have no hesitation in recommending them to anyone looking to secure their future requiements for finance. In particular we were looked after by Andrew Cate who gave us great help throughout the process.

Angela Femia

Michael Nik

Deborah Collett

Kaye Kinsey

How Seniors First Reverse Mortgage Can Help

Senior First can help you to find out how much equity you have in your home, and how you might be able to use it for your needs.

If you want to learn about reverse mortgages in detail, you can download our guide, Reverse Mortgage Secrets.

Get In Touch

Senior's First has developed a reputation as an award-winning Reverse Mortgage broker, and a trusted name among public policy organisations, the aged care industry, senior’s groups, older borrowers and their families.