Our Services
Long Term Care Planning
In 2016, 18% of the people in the UK were aged 65 and over, and 2.4% were over the age of 85%. Improvements in healthcare and lifestyle mean that more of us are living longer, and many of us will need some form of long-term care. This could be support to stay living independently at home or in a care home.
If you do need long-term care, you will probably need to fund some or all of its cost, and some of the most common options for this are:
- Income from occupational, private & state pensions
- Investments
- Moving in with a family member or friend and pooling your property assets
- Selling or renting out your home
- Considering Equity Release or a Long Term care annuity.
As everybody’s financial situation is different, Portland Financial Planning Limited provides specific advice on planning for long-term care to meet individual needs.
Please contact our team today if you're interested in comprehensive long-term care planning advice in Shrewsbury, Shropshire, or across the Midlands.
