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Avoid leaving your children with frail-care costs by planning early
Daily Maverick
|October 24, 2025
The reality is that one in 10 of us is likely to live to 100, so there is a very good chance that we will need frail care at some stage in our lives.
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We should therefore factor it into our retirement plans.
When I help people with their retirement plans, I usually factor in three additional items that are over and above the standard living expenses:
Even if you never end up needing a formal frail-care facility, having that buffer built into your plan means you can afford extra home-care support, nursing or assisted living without depending on your children. There are ways in which you can make provision for this in your retirement plan.
Set aside funds for frail care
Dit verhaal komt uit de October 24, 2025-editie van Daily Maverick.
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