In later life
According to the Office for National Statistics, the average life expectancy is now at 79.2 years for men and 82.9 years for women.
Improved life expectancy is a cause for celebration. However, while many people are living longer, they are not necessarily doing so in good health. As you head into later life, your needs and priorities often change unexpectedly and significantly. The need for care often arises suddenly and without warning.
We now need to make difficult decisions about our finances that previous generations never had to do. Yet, the cost can be difficult to quantify because it is not easy to predict how long an individual will need care. That sounds bleak, but there are ways to manage care funding to lessen the financial burden.
How St Pauls Financial can help you
- How can I pay for my care in later life?
- Should I consider equity release or another form of borrowing?
- How can I make sure that I leave some money for my loved ones?
- How do I make sure that my loved ones do not pay too much tax on their inheritance?
Our later life Financial Planning can support you and your family implement the most appropriate solution for you.
Would you like to speak to a financial planner?
We’ll listen to fully understand your challenges. We strive to talk to you in plain and simple terms – no jargon. We’ll give you advice and guidance on how best to manage your portfolio and investment.
