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Squeezed middle: 40-somethings to stump up for care?

Ed Monk

Ed Monk - Fidelity Personal Investing

This week, who will pay for you in your old age? We’re not talking just about pensions and retirement income, but about your long-term care needs - should you have them.

New plans could make those over 40 pay more - but is this just adding more pressure on a group that is already seeing their finances squeezed?

Important information: The value of investments and the income from them can go down as well as up, so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. Overseas investments will be affected by movements in currency exchange rates. Investments in emerging markets can be more volatile than other more developed markets. Reference to specific securities should not be construed as a recommendation to buy or sell these securities and is included for the purposes of illustration only. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.

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