
109 - Care Fees Financial Planning
Maven Money Personal Finance Podcast
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The Care Sector in the UK
You may, at some point in your life have a grandma or grandad that requires care. To day, i'm going to introduce you to this huge market. The care sector in the u k. Is worth around 15 point nine billion. There is 410 thousand residents at 11 thousand 300 carehomes. Around 95 % of the residents are provided by the independent sectors. Em there's five percent on the market for local authority care homes. So next up, what is the difference between a self funder versus a local authority tenant? More an that in a minute.
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