A report by Cass Business School has highlighted that demand for long term care i.e. care when we are older look set to rocket by 60% in the next 50 years as our lifestyles and working patterns change.
It will be further compounded by the fact that we are all living longer.
Our view
We have banged on about long term care planning for years. We even have a website totally dedicated to the subject - Care Fees Adviser.com.
Did you know that the loacl authority can place a charge over your home to recover the costs of paying for your care?
See today's new money Clinic Feature - on going Ski-ing! Spending the Kids Inheritance!