Later Life Planning
Although none of us want to think about getting old, as we approach our middle years it's a sensible move to prepare accordingly for potential changes in life for ourselves and for our loved ones. Knowing where to start however, can often be an overwhelming process, and personal circumstances can differ greatly. You might have responsibility for a family, be running a business, employing people, or have other personal or financial considerations.
At Reflect Financial, we're experts in helping you plan today for a future of financial wellbeing and our later life planning service has been designed to help you navigate through some of the financial milestones you may want to consider when planning later life care for yourself or a loved one. At Reflect Financial, we are committed to ensuring every client and family we meet who may be facing the dilemma of funding private care fees has access to expert financial advice from suitably qualified advisers. We understand later life planning can be one of the most demanding times of family life, and our team are on hand, equipped with the qualifications and knowledge of later life planning and provide a genuine, caring and personal approach every step of the way.
Download our Later Life Planning Handbook below.
Later Life Planning Handbook
Adobe Acrobat format, 6.88 MB
How can we help?
When looking for appropriate care, there's a lot to consider and it's vital that you or your loved one get the right support. Whether you’re not sure where to start, need help to understanding service types or are worried about the cost of care, we can help.
- At Reflect Financial, our priority is to make sure that you completely understand all of the funding and planning options that are available to you and your loved ones.
- Care doesn't have to be unexpected and costly. We'll work with you to make sure you find the right service to suit you.
- Our expert team are qualified to scour the market and work alongside care providers to remove any hassle, so you can get the very best care you can afford when that time comes.
- We can help simplify the choices you mat face when organising later life care for a loved one. Our team can provide assistance on: understanding the types of care available and the costs of each, exploring care annuities, The St. James's Place Later Life Planning Scheme, equity release mortgages, and much more.
Introducing Care Sourcer
Care Sourcer is the UK’s first comparison and care matching provider with a wealth of experience in assisting clients in exploring the most suitable care to meet their needs, to understand the support and benefits available to them and generally navigate the social care system. Reflect Financial and St. James's Place are proud to work alongside Care Sourcer's Liaison service, which is designed to take all the stress away from your care search. Care Sourcer’s ‘Care Experts’ have a comprehensive knowledge of the care system individual local authorities throughout the UK and as a result, can offer guidance and support in a wide range of areas including, but not limited to:
- Telephone liaison with local authority, hospital discharge, social workers and care providers.
- Explaining the most suitable types of care, giving guidance appropriate for your own circumstances, and providing a comprehensive list of suitable care providers.
- Providing a personalised care and support plan tailored to your personal needs inclusive of a 12-week review and monitoring of care undertaken.
- Helping you to understand legal capacity and substituted decision making and provide guidance where appropriate.
- Where you may meet the criteria, discussing age-related benefits and sign post the application process.
- Consider eligibility for NHS Continuing Health Care (NHS CHC) and flagging where the you may meet the criteria (receipt of NHS CHC subject to assessment by the NHS).
- Helping with the availability of local authority grants for home adaptations/alterations.
Next steps…
To arrange a no obligation, initial meeting to discuss the options when paying for care, contact the team at Reflect Financial on 0151 632 7100 or email us.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested
To find out more, simply download our Later Life Planning Handbook below.
Later Life Planning Handbook
Adobe Acrobat format, 6.88 MB
Got a question?
Do get in touch with us if you need a bit more information about these services, or any of our other financial planning advice.
