Long Term Care

Long Term Care Financial Planning

As you approach retirement, or once you’ve retired, you might be thinking about how you’ll cope with the costs of paying for long term care, either for yourself or for a relative. Or you might find that you are caring for someone who can no longer look after themselves.

 

At Dawn Slater Wealth Management, we’ve got significant experience of long term care and can help you decide:

 

• the best way to provide funding
• which care option suits you best
• how much money you might need for your care

 

But don’t just take it from us – this is what one of our clients said:

 

“My wife was diagnosed with Alzheimer’s Disease in May 2014, about 3 years after she first saw a consultant about her failing memory. After my 75th birthday last year I became increasingly concerned that my wife would no longer be able to live on her own if I died or if I was no longer be able to care for her at home.

 

I contacted Dawn Slater Wealth Management and after providing them detailed information on our financial situation I was given an extensive report on how the costs of care could be met in each of the potential future situations.

 

The advice given has been invaluable. It showed me that if my wife has to go into a care home because I can no longer look after her in our home, my best option will be to continue to live in our current home for as long as I am able to take care of myself. This seems much better than the option I was considering of selling our home to down size and release funds to cover the cost of care”.

 

If you would like help from experts in finance why not call our team today on 01635 551926.