Paying for Social Care in later life

Our favourite financial blog, Monevator, recently posted a detailed article on the cost of social care in later life. Bleakly entitled “Social care in later life – the financial black hole that isn’t plugged”, it looks at the reality of funding care and why the social care cap doesn’t fix the problem, including all the loopholes you need to know about.

The full article is here, and we’d recommend subscribing for part two of the series, which will cover how your assets are assessed in the social care means test. We’ll also post a link when it comes out, in case you miss it.