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Care home - how do we best look after my dad please?

vpdbac
Posts: 30 Forumite


Hi, we're after some advice on what to do here please. So very confused.
My 79yo dad has severe dementia and after a fall a month ago has significantly reduced coordination in his left hand and left foot.
He's been in hospital since and is moving to a retirement home on Monday. It's for at least 6 weeks while we see how much independence he has.
Assets... he has a house that's been recently valued at £250k and a retirement account ('pension') at St James Place that's worth around £70k. He has around £2-3k in savings.
His state pension is £950ish. He gets no other help.
We're looking at a drawdown on his retirement account to fund a few months while we sell the house. Estate agent charging 1.5% +VAT.
Is this our only option? Is there a smarter option?
thanks in advance
My 79yo dad has severe dementia and after a fall a month ago has significantly reduced coordination in his left hand and left foot.
He's been in hospital since and is moving to a retirement home on Monday. It's for at least 6 weeks while we see how much independence he has.
Assets... he has a house that's been recently valued at £250k and a retirement account ('pension') at St James Place that's worth around £70k. He has around £2-3k in savings.
His state pension is £950ish. He gets no other help.
We're looking at a drawdown on his retirement account to fund a few months while we sell the house. Estate agent charging 1.5% +VAT.
Is this our only option? Is there a smarter option?
thanks in advance
0
Comments
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Is his SJP pension already in drawdown?One thing you should be doing is applying for attendance allowance. It is not means tested and is available for anyone who is coming to be self funding residential care.0
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