Equity release

Mojisola

Mojisola wrote: »

If you don't need care, then there will a nice inheritance for your children.

Mortgage_Adviser wrote: »

if we are not talking about very expensive London property above after 30k PA(Assuming nursing is NOT required) in carehome per person there will be nothing left of the inheritance very soon.

I know.

I don't know what the OP's children are like but I was very pleased that Dad had enough capital to fund his own care. I couldn't have let him go into the only home locally that charges the low rate that the council will pay.

NineDeuce

I think you should downsize and then use the additional cash to go on holidays.