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Funding long-term care: How much will it cost to enjoy life in later years? #WednesdayWisdom

In Brief: Funding long-term care: How much will it cost to enjoy life in later years? #WednesdayWisdom

Wednesday, 14 April 2021

Paying for care is a prospect that increasingly many of us will need to think about. The cost will depend on a whole host of factors, including the type of care that’s required.

According to new analysis, the average weekly cost of private residential care in Great Britain is £848[1]. However, the data indicates a significant difference in care costs at a local level, varying by more than £800 a week across the country – that’s £41,600 a year.

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