Reducing savings to avoid paying for care.

Albermarle

Clowance said:

and a smaller percentage live at home with 24 hour care, which is probably even more expensive than care home.

Its a gamble and none of us know where we will end up when very old. 

I think if the LA are paying, then they will want you go into a care home rather than paying for 24 hour care at home.
If you are paying for yourself then it your choice.

Nebulous2

JGB1955 said:

missile said:

What percentage of people actually end up in care homes?

Less than 2.5% according to the ONS.  

Older people living in care homes in 2021 and changes since 2011 - Office for National Statistics

2.5% is the percentage of older people in care homes at that point in time. 

Figures for totals are harder to come by - but it is something like 30% of people who end up in a care home. 

Albermarle

Nebulous2 said:

JGB1955 said:

missile said:

What percentage of people actually end up in care homes?

Less than 2.5% according to the ONS.  

Older people living in care homes in 2021 and changes since 2011 - Office for National Statistics

2.5% is the percentage of older people in care homes at that point in time. 

Figures for totals are harder to come by - but it is something like 30% of people who end up in a care home. 

Yes the statistics can be presented in different ways ( like politicians do) . I think the 30% relates to people over a certain age ( 80?), whereas only a minority of people survive into their 80’s.

Brie

Albermarle said:

Clowance said:

and a smaller percentage live at home with 24 hour care, which is probably even more expensive than care home.

Its a gamble and none of us know where we will end up when very old. 

I think if the LA are paying, then they will want you go into a care home rather than paying for 24 hour care at home.
If you are paying for yourself then it your choice.

Yes - from my experience the preference is intermittent care at home (i.e. someone for 15 minutes  4 times a day), then a care home.  With our council 24 hour care at home wasn't even remotely an option - unless it was being done by family who obviously were not being paid.