Funding Long-term Care

Posted by siteadmin on Tuesday 22nd of September 2015.

Today, the average pension savings pot is unlikely to cover long-term care in addition to providing a retirement income.

There is a vast amount of – often conflicting – information available and a host of variables that can catch out individuals and loved ones when it comes to affording long-term care. Our advisers guide you through ‘what ifs’ to help you tax-efficiently plan how to accommodate long-term care, in case the need arises.

Weighing up likelihoods and your options
It can be difficult to know where to start, and many people don’t like to discuss the possibility of care provision for elderly people far in advance, even though doing so can avoid a huge number of issues. This needn’t be a concern, as our advisers regularly work through these scenarios. They will guide you through:

  • How much care will cost
  • Whether the state will contribute to long-term care under the current laws
  • The options available to you.

We understand that this is a sensitive subject, and provide an initial consultation, free of charge, so you have plenty of time to think about your circumstances before committing to or investing in anything. To book an appointment, please call us on 01908 226400 or email info@sc-mw.co.uk.

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