SUTTON BALDOYLE

Venue: Baldoyle Library 

Contact: u3asutbal@gmail.com:

u3asuttonbaldoyledublin/

http://twitter.com/U3ASuttonbaldoy

As part of our lifelong learning activities U3A Sutton Baldoyle has had speakers from other older persons' organisations and advocacy groups on various topics, including planning for cost of personal and social care.  

Following these talks we noted that there was an absence of a quick tool for individuals to use to get a feel for the costs and what makes up these costs.   So we developed a 'budget template tool'. 

We met with Sage Advocacy group to discuss its use and we are delighted that they have included this on their website.

You can view this tool under 'Resources'  on their website. 

Just click on the following link  

https://sageadvocacy.ie/observatory-on-long-term-care/

Click on  CLICK ON HEADING 'PLANNING THE COST OF HOME AND/OR RESIDENTIAL CARE' TO DOWNLOAD TEMPLATE EXCEL SPREADSHEET OR THE FOLLOWING LINK. 

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BUDGET TEMPLATE 

Working out a budget for personal and social care costs can be difficult. Some people pay for all of their care while others supplement 

their care costs both for home and residential cost with State funded provisions and support.

U3A Sutton Baldoyle, a member of Fingal Older Persons Council, have put together a very simple starter template budget spreadsheet as a tool which you may find useful to start thinking about preparing a forecast estimate of costs and how it will be funded. The template can be used/adapted for both home and/or residential care – for a single person or a couple. 

The Template Tool: The process is simple, first ask yourself - How much income do I have and how much expenditure will I expect/forecast? Then input these figures on the template. The cost for home care is mainly based on an hourly rate by the number of hours. While residential care is based on a weekly/monthly basis, both can vary significantly between providers and where you live. Start with how many hours you expect each week, input this and then estimate an hourly rate (for example an hourly rate can be €30+ per hour and residential can be on average €1400 per week). Project annually and then for a few years. Click on the image to download the template tool.

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Go to Age Action website and click link  below.

https://www.ageaction.ie/action-needed-to-safeguard-the-rights-of-older-people/