Later Life Planning
Protect wealth while
paying for care
Managing someone else’s money for them
Planning for
long-term care
Existing
provisions
Saving “pots”
investment strategies
Making the most
of NHS and State help
Wills and lasting
powers of attorney
Review and manage existing provisions
The value of investments and the income they produce can fall as well as rise. You may get back less than you invested.
* Wills and lasting powers of attorney (LPAs) will be referred to a solicitor for implementation.
Later life planning is crucial for ensuring financial security, peace of mind, and a comfortable future. As people approach retirement, planning for healthcare, long-term care, estate management, and wealth preservation becomes increasingly important.
A well-structured later life plan can help mitigate the risks of rising healthcare costs; ensure assets are distributed in accordance with ones wishes, and in a tax efficient manner; while allowing individuals to maintain control over their financial and personal decisions, during times of vulnerability. Financial advisers play a vital role in guiding clients through this complex process, offering tailored solutions that protect their financial well-being and provide a clear roadmap for their future.