Almost three quarters of people aged over 55 believe paying for long-term care (LTC) should not be an individual's responsibility, Aviva research suggests.
Perhaps unsurprisingly, 70% of respondents to Aviva's seventh Real Retirement Report felt forcing people to pay for their own care is unfair. However, the majority have realised they are likely to have to pay towards some of the costs. Just over half of over-55s would prefer LTC to be partially funded by the state with wealthy people paying part of the costs. Around a fifth of respondents would rather the wealthy paid the majority of their LTC costs with only some state funding. Overall, 36% of over-55s think people should contribute in some way to their own care "if they can af...
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