Thinking about life after you finish work usually involves planning for your retirement. This means considering how to enjoy your hard-earned wealth, perhaps by travelling, spending time with friends and family, or treating yourself to something you’ve always dreamt of having, such as a new car or the holiday of a lifetime.
However, there is another aspect of later-life planning to think about sooner rather than later: the possibility of funding care, should you need it.
While it’s impossible to know what life has in store, longer life expectancies and rising expenses mean care costs now form an essential area of financial planning.
This guide explores:
What your care options might be
The costs you could expect
Funding options
The role your family plays
How we can help build later-life care into your financial plan.
