In the UK, we’re enjoying an increasingly longer life expectancy as a result of higher living standards and advances in healthcare. While many older people can now expect to live to an advanced age in good health, it is inevitable that a proportion of this group will require additional care as they grow older – which comes at a cost.
Here’s a useful guide to explain how it works financially.
* Logic Wealth Planning provides independent financial advice in Manchester, Bury, Rochdale, Cheshire, and the surrounding area, but not limited to the region.