We live in an ageing population and the need for long term care is increasing.
This is an area that many people have probably not considered, especially not long term care finance – how you will pay for care in the future.
The reality is that you may be surprised by how little the local authority might contribute your care in the future. The costs can really mount up, so financial planning for long term care is very important.
How We Can Help
So how might a financial adviser be able to help? Firstly, at Beaumont, all our advisers have taken a specialist qualification in long term care, which demonstrates their understanding of the issues you may face when considering long term care finance for yourself or a loved one.
We also have a SOLLA (Society Of Later Life Advisers) specialist in Matt Hignett, who is also a Chartered Financial Planner, for those more complex cases. We take the time to understand your individual needs and situation, to offer the best advice and financial planning to support future care.
There are a number of financial options for funding long term care and a specialist adviser will help you to find a solution that not only is suitable for your needed but affordable and in line with your attitude to risk and financial priorities.
If you need advice with long term care finance, speak our team today.Get in Touch