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.
£22,250 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 015 6256 stating reference 5283S.