Master My Balance

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


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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.

Timestamps
0:00 – Welcome & intro
1:45 – What is the Fair Deal scheme?
3:30 – Eligibility & “97 % qualify”
5:10 – Care‑needs assessment
6:20 – Income contribution (single vs couple)
7:40 – Asset contribution & disregards
9:00 – Rental income exclusion
9:45 – Example of subsidy


Helpful 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

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Master My BalanceBy Master My Balance