Ep 31: Fair Deal Explained: How Longterm Care is Funded in Ireland

In the first of three episodes with Tom Murray, Tom lays thefoundations for anyone who’s ever wondered how Ireland’s Fair Deal scheme can make long‑term care affordable.Why it matters – Understanding these basics protects your savings, lets you plan ahead, and reduces the stress on familymembers when a care decision becomes urgent.Timestamps0:00 – Welcome & intro1:45 – What is the Fair Deal scheme?3:30 – Eligibility & “97 % qualify”5:10 – Care‑needs assessment6:20 – Income contribution (single vs couple)7:40 – Asset contribution & disregards9:00 – Rental income exclusion9:45 – Example of subsidyHelpful links🔗Tom’s advisory service – www.fairdealadvice.ie📞Call: 086 601 5042📧Email: [email protected]👍 Like this video if you found it useful.🔔 Subscribe for more financial‑well‑being content.💬 Comment with your biggest question about the Fair Dealscheme or equity‑release.📞Need personalized help? Call 086 601 5042 or email [email protected].#FairDealscheme #financialliteracy #retirementplanning #financialwellbeing #FairDealAdvice #mastermybalance