This depends on what provisions you have made and your personal circumstances.
The question is, do you want to go into a home?
On the whole it is felt that most people do not want to move out of their home that they have lived in for years. They want to keep hold of their independence and dignity.
Many people do not want to be a burden on their families, who have obligations of their own. However, it is estimated that the majority of care is provided informally by families. This can cause problems and possibly change a relationship between a parent and their child.
The reality is you do have a choice.
There are ways of planning to ensure you have the choice of either staying in your own home or going into the home of your choice.
You may wish to use your savings to ensure choice is possible but you could find that your savings are eaten up faster than you thought, due to the rising costs of care.
There are other ways of planning for the event of needing care.
Request expert advice today.