Money Box

Money Box Live: Affording Care

Aug 7, 2024
The rising costs of elderly care in the UK are a major concern, with residential care averaging £60,000 a year. Discussing the complexities of funding, experts share insights on a proposed cap limiting personal care costs. The emotional toll on families, especially those with Alzheimer's, is explored through real-life stories. The podcast emphasizes the importance of choosing the right care home and the growing demand for these services. Navigating financial challenges becomes crucial as the elderly population surges and government reforms are on the horizon.
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