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When I started my nursing career xxxx years ago there was a phrase taught to all new recruits joining the profession. *From the cradle to the grave*
It was used when the NHS was formed in 1948. It meant that governments then and in the future would provide care to newborns until they reached the end of their life
So today this news was released by the BBC, which gives a completely different outlook for the elderly in our communities. I know many younger people never want to think this far ahead.....but if honest this report makes for very frightening reading...and if we continue living longer everyone should stop and give some thought to the report
Care spending for the elderly has been reduced by a fifth over the last 10 years. Which means we should all be looking at provision for our own care and not just planning to get a good pension
http://www.bbc.co.uk/news/health-31015807
As a result of this report, the BBC has launched its own Cost Of Care project and has provided a calculator
so you can work out now........how much you will need to provide for your own care needs (if you or a family member needed it today)
http://www.bbc.co.uk/news/health-30990913
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@MI5 wrote:
My parents don't own anything anymore except an old car worth a few hundred quid.
Everything else is in mine and my sisters name - they even pay rent on their home to us......
Best of all it's all legal so the govt can't touch their non existent assets..... mwahahaha!!
Rich....Legal yes...as long as the transfer to your name is made 7 years before they need care...or worse?
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@Cleoriff wrote:Rich....Legal yes...as long as the transfer to your name is made 7 years before they need care...or worse?
Oh yes - done over 10 years ago now 
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@MI5 wrote:
@Cleoriff wrote:Rich....Legal yes...as long as the transfer to your name is made 7 years before they need care...or worse?
Oh yes - done over 10 years ago now
Good for them and you....However remember this.....today you feel young(ish) and probably are... in the grand scheme of things...
In a few years you wont be...and holding onto two properties (yours and your parents.....or funds from the sale of one of these)...
What I am trying to say to you...dont rest on your laurels with all this income. One day YOU will be old and needing care. .....
Better get yourself some sort of off shore account 
.....:smileywink:
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@MI5 wrote:
I'll just pass it on...
Or spend it all on the best time ever....:smileywink:
I would say invite me...but I expect I will be in a care home somewhere 
@anticpated wrote:They can send me out to sea in a cardboard box when my time comes. Cheaper than a hole in the ground.
Oh no! Don't like that idea. Think of the pollution it would cause. Why not consider being left on a compost heap? At least you'd be well recycled! Think of all the lovely flowers you'd help grow, or better still fresh vegetables. Somehow don't think either idea is likely to catch on.
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