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The time now is 05/11/13 - 09:50

Saving for care home expenses


RealCool.BIZ Forum Index -> Investments & Trading -> Investments & Savings

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micheline
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Joined: 08 Aug 2007
Posts: 1



PostPosted: 08/01/11 - 04:25    Post subject: Reply with quote

Hello. My name is Catalina, and my parents emigrated here when I was just two years old. Now I am 36, and am an active member of the community. I do not have any children, or very close relatives, so I am thinking of my retirement days and I know that I will probably need help, I may even need to get into a nursing home. Is it possible to have some retirement plan that will cover that?
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darryl1111
Apprentice


Joined: 14 Feb 2009
Posts: 1



PostPosted: 08/31/11 - 00:53    Post subject: Reply with quote

Of course Catalina, do not worry. But it is not clear to me why you started panicking so early in your life. You may still have children who will take care of you when you grow older. Whichever the reason I will try to reassure the best way that I can. You did not say whether you had some pension plan, maybe state pension plan. Anyway with or without state pension you can start you own personal pension plan in which you can state for which particular care you will need money for. It sounds complicated, but trust me it is very easy. I would just suggest that you take it easy and try and enjoy years prior to the retirement.
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