Later Life Planning

Thanks to advances in medicine, we are living longer, healthier lives. While this is great news, it also means that planning for our later years is more important than ever. Many of us will require some form of care in our later years, which can be expensive and stressful for us and our families if we haven’t planned for it.

At MDG PROF, we can help you build a financial strategy that ensures your future needs and wellbeing are planned for. Our specialist advisers can guide you through different possibilities like insurance policies, equity release schemes, and annuities. We can also clearly illustrate your financial position now and how this position will evolve throughout your life, so you are always in control of your money and your life.

With state healthcare facing an uncertain future, it’s vital to think about providing for your own long-term health needs. Our advisers can help you navigate this complicated issue and arrive at the right solution – one that perfectly balances your need for great care with protecting your income and assets. Let us help you reduce the stress of planning for your later years.

Are you considering a lifetime mortgage or equity release? While these options can provide a lump sum or enable you to stay in your home longer, it’s important to understand the potential drawbacks. Higher interest rates and reduced entitlement to state benefits and grants are just a few to consider.

At MDGIFA, our financial planners take a holistic approach to later life planning. We’ll explain all your options, including the potential costs of long-term care, and work with you to create a personalized plan that meets your retirement goals while maintaining your quality of life. Trust us to provide clear and honest guidance, leaving you fully informed to make the right decision for you and your family. #laterlifeplanning #financialplanning #equityrelease