Read about the different options available to you as you may require care. There are lots of options to consider, each with their own pros and cons.
If you are in need of care, or want to plan ahead for care, there are lots of options available to you. It is important to consider all of the available options so that you can make an informed decision.
With the right type of care, and the right support, your later life can be incredibly satisfying, independent and fulfilling.
Different Types Of Care
Residential/ Nursing Home
Although a study by the Live-in Care Hub showed that most people would prefer not to go into care homes, the option is still available to you. Care homes do mean you get round the clock support and care, your nutritional needs met and the company of other people in your age group. Nursing homes provide that extra level of care for those with additional medical needs.
Assisted living can also be known as sheltered accommodation and is a really good choice for those who want to remain in their own home, who want help if they need it, but otherwise they remain independent. It can come in many forms including snazzy retirement villages, and blocks of flats with communication setups available for quickly contacting a support worker on call. Usually, a client will purchase the home with the additional assistance available.
Home helps will be carers who visit the home of a client to deliver care during set periods of time. So they might pop over for two hours at 3pm everyday to help with personal care and some medical support. A home help can also be somebody who provides care respite to caregivers who are usually family members of those receiving care.
At home care involves a carer living with the client providing bespoke care packages 24/7. This can include help with personal care, meeting nutritional needs, help with mobility, help with housework and in some instances, help with pet care and even gardening.
At home care is a type of care becoming progressively popular as demands on nursing homes and residential homes struggle to meet the amount of places needed. It also means people get to stay in their own homes in the place they love the most. It is thought that by 2045 a quarter of the population will be aged 65 or over. This increase in the demand for care means the at home care industry is set to continue to grow.
The Live In Care Hub recognises that just 1.9% of people seek advice from an independent financial advisor. For well-planned later life care, seeking good financial advice is really important. Before you can seek advice, it is a good idea to get a care assessment so that you can understand the kind of care you need. Once you understand what is available to you, you can speak to an IFA about budgeting for the kind of care you would like.
With the right care and support, your later life can be fulfilling, satisfying and independent.