Planning for care home fees
Care home fees can range hugely depending on the facilities or location of the home. By planning for care home fees in advance, and by speaking to one of our specialists beforehand, you can ensure that you know what funds you are likely to have available by the time you go into a care home, how likely you are to have to pay for your care and whether avoiding care home fees will be an option.
Advanced care planning
Protection from care costs
Peace of mind
How we can help you plan for care home fees
Frequently Asked Questions about care home fee planning
The average care home fees in the UK range from £27-39k a year for residential care, and £35-55k per year for nursing care (LaingBuisson).
An asset protection Trust could protect your assets from care home fees. However legal guidance is essential.
It’s common to worry about what will happen if you run out of money; 60% of baby boomers are more afraid of running out of money than dying (Allianz).
Cashflow modelling can calculate how much money you’ll need in later life to sustain your lifestyle and pay for later life care.
To continue living life as you know it, you need to take action now.