Later life planning
We can provide guidance to ensure that your finances will provide the care you need, while passing on a legacy to those you care about most.
Overcoming the challenge of funding care
Sadly, the cost of care is ever-increasing. In 2020, the average cost of a residential care home in the UK was £37,232 a year. This rose to over £51,896 a year when nursing care was included.*
Many people want the security of knowing they can afford suitable care when it will be needed. Others may be responsible for the care of loved ones and concerned about doing the right thing.
At Flying Colours, we have specialist financial advisers who hold the relevant qualifications to advise clients on later life financial issues. Of course, the needs of older people vary, and the solutions to these needs will be just as wide-ranging. Our expert advisers can help you to find the most appropriate later life planning solutions to help fund your care and that of your loved ones.
* Laing and Buisson Care of Older People Report 32nd Edition 2021
Calculate the costs
Fund long-term care
Make provision
Pass on wealth
Navigate the system
Setting up Wills and POAs
Our team of advisers include members of the Society of Later Life Advisers (SOLLA). This organisation aims to help people and their families to find trusted, accredited financial advisers who understand financial needs in later life. It is also widely recognised as representing the highest standard of advice in the later life market.
Book your free initial chat
Ready to start planning for a brighter financial future? Book now for a free, no-obligation chat with one of our independent financial advisers.
book nowWhy choose us?
Our clients explain why they trust Flying Colours for financial advice, and why they’ve continued to work with us over the years.
Services
If you already have a clear idea of the type of financial advice you need, take a look at the range of solutions we offer.
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