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Later Life Planning to Protect Your Loved Ones
With us all now expected to live another 10 years on average, it is really important that we make provisions to protect ourselves and our loved ones in our golden years.
The things that need consideration are:
- Managing our pension funds to make sure we have sufficient monies to cover those extra years.
- We should all look at Prepaid Funeral Plans to ensure our loved ones are protected from rising costs – Buy at today’s price to avoid the effects of inflation.
- Have you considered how your loved ones would cope if you were unable to make your on legal and financial decisions? Arranging a lasting power of attorney will ensure that someone can make decisions for you if you cant?
- Making a will – This is a must to ensure that you ensure that your personal wishes are followed and not taken for you by the state.
Contact our UK later life planning experts, they provide Free of charge guidance to help you to planning correctly for your later life.