This is such a complex issue and it is incredibly difficult to decide what is fair. In the past – and in some families today – elderly parents were cared for by the next generation down. My grandmother was looked after by my aunts, my husband and I cared for my mother, and my sisters-in-law assist my mother-in-law. My daughter regards caring for her elderly parents and step-father, if it ever becomes necessary, as a given. However, families tend to be much more widely dispersed these days so this is not always possible. Also, looking after an elderly relative who, unlike a child, will grow increasingly dependent and exhausting, is a far from easy task, especially if there is some kind of dementia and/or another younger generation still living at home.
• While a tax paid by everybody would probably be the fairest way forward, it does seem hard on those who put their lives on the back burner – often for years – as my aunts and my husband and I did. However, taxes should be universal – for example, it would be unreasonable for me to complain about taxes spent on education just because I don't have a school-age child.
• Balanced against tax are benefits but this does need to be a proper balance. It does seem a little hard and somewhat disproportional that most of someone's life savings, capital assets (family home) and, possibly, some of their children's income can be used up in care, while other people are fully (ish) funded. It does seem a bit like Aesop's ant and grasshopper. I am not, of course, suggesting that all those who cannot pay for their own care have been spendthrift.
• Savings are for something special or for rainy days. Needing care in old age is when the rain starts to fall. You can't take it with you and it's not an entitlement for your children (see below).
• SKI – adult children do not have an automatic right to inherit anything from their parents. It seems dreadful to me that some older people forgo not just pleasures but basic comforts in the last years of their lives so that their sons and daughters will have an inheritance. If the only way to get proper care is to spend every last penny you have, then you should do it.
• I am confused about the family home – where is Paul Lewis when you need him? In my case, for example, the house is in my name and paid for by me and so too are most of the savings and investments. What would happen if my husband became so ill (touch wood several times, here) that he needed residential care? Other people have different concerns – dependent children still living with them, for example. Nothing is made clear and you only find out about this stuff when you're in the rather desperate situation of needing to sort out care.
Apologies for having gone on at quite such length but I should really like to know what other people think about these aspects of this seriously important – and possibly for many of us personal – issue.