Managing the cost of long-term care
With rising costs of associated with aged care, many of us do not think about how we will support ourselves financially when we reach the latter stages of our lives. As we get older, our priorities can change towards meeting the cost of long-term care and understanding the associated costs of care home fees. A typical annual cost of living in a care home can reach from £560 to £755 per week, if nursing care is required (source Money Advice Service).