This document discusses the aging population in the UK and the rising costs of elder care. It notes that the population aged 65+ has increased significantly since 1931 and will continue growing. Currently over 418,000 people live in residential care facilities in the UK. The average cost of a private nursing home is £563 per week but can be higher. Various legislative acts are also discussed regarding eligibility for state assistance and means testing. Options for funding long-term care include using savings, annuities, and state benefits. A case study of Harry explores solutions like an immediate needs annuity that could fund his home care costs while preserving assets to pass on.