Later-life & care fees planning in Reading
Plan later life.
Protect what matters.
SOLLA-accredited advice on care fees, asset protection and estate planning - so you and your family can decide with confidence.
Peace of mind isn't just a feeling, it's a future you can shape
In a world of uncertainty, there is comfort in knowing that your later years, or those of a loved one, are planned with care, clarity and compassion.
Nick Hutchings is an Accredited SOLLA (Society of Later Life Advisers) adviser, which means he can help with all later-life financial matters, including retirement planning and care fees planning. Nick chose to complete the accreditation after his own experience helping his mother plan care fees for his grandmother, so he understands the complexity, emotional hardship and responsibility that come with this challenge.
People in the UK are living longer than ever, often into their 80s, 90s and beyond, which means retirement can last 20-30 years or more. Without proper planning, a longer life can bring financial strain, care challenges and emotional stress for individuals and their families.
Working with Nick at rockwealth Reading, you and your family can plan ahead, secure income that lasts, make informed care decisions before they become urgent, and protect your assets and legacy. If you're also thinking about your own retirement income and timing, see our retirement planning service.
Nick Hutchings hosts the Retirement Lounge, with episodes on retirement and care fees planning.
Listen to previous episodes →
Proud to be a SOLLA later-life adviser Nick Hutchings is Accredited by the Society of Later Life Advisers
These are the questions that keep families awake at night. We answer them with clarity and a plan, not guesswork.
Common later-life questions we answer
How will we pay for care?
What happens if I need care myself?
How much does care cost?
Can we protect our home and assets?
How do Power of Attorney decisions work?
Our core later-life service
Living with confidence, dignity and control
Financial longevity planning
People are living longer than ever. We help make sure your resources support you through an extended retirement, so you don't outlive your savings.
Care funding solutions
Proactive ways to prepare for potential care needs, including care fees annuities and ring-fencing assets, giving you choice and comfort when it matters most.
Asset protection strategies
Preserve hard-earned wealth while maintaining a high quality of life, forecasting future costs and protecting what you have built.
Estate & legacy planning
Thoughtful planning so your wishes are honoured, your loved ones are supported, and your legacy is secured.
Power of Attorney support
We regularly work alongside family members and attorneys, helping plan and manage care fees and finances on a loved one's behalf.
Fixed-fee, no commission
We charge a pre-agreed fixed fee rather than a percentage of any annuity or investment, removing the conflict of interest that comes with commission-based advice.
Our later-life planning process
Your later-life adviser in Reading
How we help you and your family plan for later life with confidence - a clear, proven approach, often involving family members with Power of Attorney.
Discovery meeting
We start by understanding your situation, your family's needs, and what matters most to you and your loved ones.
Comprehensive analysis
We build a full financial picture, including the potential impact of care costs on your remaining wealth, presented clearly in charts.
Personalised strategy
We design a fixed-fee, conflict-free plan covering care funding, asset protection and legacy planning around your circumstances.
Ongoing support
Care needs, markets and family circumstances change. We review and adjust your plan as life evolves.
Selecting the right partner for later-life planning is essential. We take time to understand your needs and your family's circumstances, then provide tailored, fixed-fee advice to help you plan with confidence.
The financial reality
Rising care costs make planning essential
Proper care fees planning addresses one of the most significant financial challenges in later life: the rising cost of care. Inflation, especially in the care sector, means costs typically rise each year, putting pressure on retirement funds that may not grow at the same rate.
Without strategic planning, individuals risk depleting their savings too quickly, leaving limited options for future care or placing a financial burden on family members. What feels like a secure fund today may fall short when care is needed 10, 15 or 20 years down the line.
We address this by forecasting future costs, identifying sustainable ways to fund care, and incorporating inflation into long-term financial strategies - so you can afford quality care for as long as needed while protecting your assets and financial dignity.
Often involves working with family members who have Power of Attorney
Frequently asked questions
Can you show me what care fees would do to our finances?
Yes. We build a full-scale projection of your financial future and model the effect of paying care fees for a period of time, showing the impact on your remaining wealth. This is presented as a chart, so it's easy to see and to adapt your plan around these costs.
How do your fees compare to a typical care fees annuity adviser?
Many advisers are paid a percentage of the purchase price of a care fees annuity, often around 3%. To remove that conflict of interest, we charge a pre-agreed fixed fee for our advice and recommendations, irrespective of the cost of the annuity or product involved.
Do you work with attorneys or those holding Power of Attorney?
Yes, we regularly work with attorneys, especially when it comes to care fees planning on behalf of a loved one who can no longer make these decisions themselves.
What does later-life planning actually cover?
It brings together financial longevity planning, care funding solutions, asset protection strategies and estate and legacy planning, so decisions about care, income and inheritance are made together rather than in isolation.
How is this different from retirement planning?
Retirement planning focuses on the income and decisions around stopping work. Later-life planning goes further, addressing care needs, Power of Attorney, and protecting assets and legacy in later years. Many clients benefit from both - see our retirement planning service.
What our clients say
Start with clarity, scale with confidence
rockwealth helps families across Reading and Berkshire build financial security - with evidence-based investing, fair fixed fees, and advice that puts your life first.
