Saga Care funding advice service
Calculator
For a guide to the effect of care fees on your savings, please enter your expenditure, income and savings into the boxes below.
The calculator will then work out the approximate shortfall between your income and expenditure and provide an estimate of if or when you are likely to qualify for state funding assistance for long term care.
The graph below indicates how long your savings may last and the point where you may qualify.
£23,250 is the current means test threshold in England to qualify for state funding assistance for long term care.
Please note that the above figures are for illustration purposes only.
We recommend that you consider all the options available to help minimise the impact of care fees on your savings. Our care funding advisers can carry out a free and impartial assessment of the options available to you. For a no–obligation consultation, speak to one of our specialist advisers today on 0800 096 8703 stating reference 5283S.
The Saga Care Funding Advice Service is provided by Saga Personal Finance. Saga Personal Finance is a registered trading name of Acromas Financial Services Limited, which is authorised and regulated by the Financial Services Authority.
Acromas Financial Services Limited is registered in England and Wales (Company No. 3023493). Registered office: Enbrook Park, Sandgate, Kent CT20 3SE.