How much to save for future care?

32 replies

noworklifebalance · 15/10/2025 13:44

I am trying to help my elderly parent plan for future care needs, which they are likely to need. At the moment they are generally independent but have signs of early dementia.
They are looking to sell their home and move in with my sibling (everyone is on board with the plan). No idea how much they will get from the sale as the house is quite dated. We don’t want to be accused of depreciating assets but equally want her to enjoy her life and contribute to my siblings household.

What is a ball park reasonable amount to set aside such that a good effort has been made to save for care - obviously not knowing how long and how much care will be needed?

OP posts:

Original poster

noworklifebalance · 15/10/2025 15:07

What happens when the money runs out? PP’s father’s fees are almost £100k/annum. They won’t be able to afford that if they need care for over a year or two.
Do they get moved to a council run care home?

OP posts:

Original poster

noworklifebalance · 15/10/2025 15:04

Thank you
Have POA for finance but not health but will discuss with them.
Would love for them to spend the lot but have read that sudden, large expenditure can look like you are intentionally depreciating assets and so the council can still expect you to pay as if you still had the money. Not sure that is enforced!

OP posts:

ComfortFoodCafe · 15/10/2025 14:58

long as she doesnt want a all dancing, singing care home id tell her to go nuts & spend the lot. The council will pick up the bill but it wont be as nice as the ones you pay for yourself.

averythinline · 15/10/2025 14:53

Sibling should work out rent for them to pay as they will still have housing costs and bills and food etc... if they need any care they should pay it..

Does anyone have POA for finance/health they are separate should do that sooner than later..

MultiFucktional · 15/10/2025 14:28

They can enjoy their life Mastermind….it’s the contributing to the siblings household finances that may cause an issue, especially if it’s seen as an excessive contribution over what it would cost to house/feed her.

MasterMind1982 · 15/10/2025 14:24

Let their assets pay for it? Let them enjoy their life, once the assets run dry then the local authority will pay. Tell them to enjoy their life.

MultiFucktional · 15/10/2025 14:23

DF is in a care home with Dementia.
The fees are £1,400 -£1,750 per week, depending on how severe the needs are. Some are at the stage of being spoon fed with continence issues for example so, presumably, they pay top end.
DF can wash, dress, feed himself so isn’t top end, but it’s nursing care, rather than care home due to the dementia.

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