How much does care cost?
As we get older we start to realise what it must be like living with a serious illness like cancer or Alzheimer’s. We worry what the implications to you, your partner or your family might be. Or, even worse, wonder what would happen if you become unable to make decisions for yourself. The fact is, we all get old one day - and you may have to face funding long-term care yourself if such scenarios arise.
It’s a myth that care comes free - everyone needs to consider the cost of support which may be required in the future. The long-term costs can quickly tot-up significantly, so it is never too early to start thinking and planning. A little fore-thought now can save unnecessary future financial problems.
That's why we've created a handy infographic below to explore and explain this often overlooked part of planning for retirement: