Using Investments for Long Term Care Funding
Although a Care Fee Annuity is the most
secure option for providing an income to help meet care fees, many people do
not like the loss of capital involved at outset and would rather arrange the
funding themselves.
Rather than ‘drip-feed’ the care fees from
a deposit account on which little interest (at least relative to inflation)
will be paid, it is worth considering investing some of the capital in order to
make the money work a little bit harder and help to meet the fees over a longer
period.
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