Later Life

Planning for long-term care

Introduction

Pros and cons

Important Information

Introduction

Ease the financial burden

Long term care planning means taking steps in advance to ensure you are informed and financially prepared for any services or support you may need in the future.

Our team of experts can help to explain the options available for care that may be required immediately or at some point in the future.
Safeguarding your finances
Ensuring your loved ones can afford present and future care
Feel more confident about your future
Range of options to suit your personal needs
Our Process

Your journey

Speak to an adviser

One of our financial advisers will contact you using your preferred method of contact to discuss your financial financial objectives and current circumstances.

Find a plan that works for you

Our advisers will take into consideration the financial goals and objectives that are most important to you and offer advice in meeting these goals and objectives.

Begin your journey

Now you're on the road to financial freedom. Your adviser will continue to support you throughout your journey with us, putting your needs at the forefront of every decision.
Considerations

Making an informed decision.

Long-term care costs can vary depending on the level of care required and the region in which you live. It's essential to research the cost of care in your area and consider the level of care you or your loved one may require.
There are several funding options available to pay for long-term care, including self-funding, state-funded support, and equity release. It's important to understand the eligibility criteria and the benefits and drawbacks of each funding option.
Deciding between care homes and home care can also impact the cost of long-term care. Home care can be less expensive than care homes, but it's important to consider the level of care required and the associated costs of home adaptations and support.
Local authorities carry out care assessments to determine the level of care required and the funding options available. It's important to ensure that the assessment accurately reflects the level of care required to receive the appropriate level of funding.
Long-term care costs can significantly impact inheritance planning. It's important to consider the impact on inheritance planning and take steps to protect assets and plan for the future.
Long-term care insurance can provide financial support for long-term care costs. It's essential to research the different insurance policies available and understand the costs, benefits, and eligibility criteria.
Get in touch

Ready to start your journey with Absolute?

Speak to an adviser
Find your local office

Important Information

It is important to understand the risk associated with any form of financial product as well as the fees involved.

Past Performance

Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in mind investing involves risk. The value of your investment may fluctuate over time, and you may gain or lose money.

Our Fees

The precise amount of the fee will depend upon your circumstances, and our advisors will provide you with an accurate set of costings after assessing your situation.

Our Insights

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Absolute Financial Management is authorised and regulated by the Financial Conduct Authority, FCA Number 401135 / https://register.fca.org.uk/

Registered in England and Wales 05027747. Registered Office The Bull Yard, R/O 75 High Street, Ashford, Kent, United Kingdom, TN24 8SN.

Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows: The Financial Ombudsman Service, Exchange Tower, London, E14 9SR. Website: www.financial-ombudsman.org.uk.
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