Posts by Matthew Torney

A brief review of 2016 and expectations for the year ahead

Proving that no one has a Crystal Ball, economists and presidential pollsters alike are looking back on 2016 and wondering how they got it all so wrong. As AMP’s Chief Economist, Shane Oliver, recently noted, “2016 was perhaps remarkable for the things that many thought were obvious at the start of the year but did…

Read More

President-Elect Trump Market Expectations

So Donald Trump will be the next President of the United States and to the surprise of many, the markets currently don’t look worse for it.  In fact, the markets have mostly recovered since its knee-jerk sell off as the election results unfolded.   As well, in the days since the election, Trump appears to…

Read More

Market Update: U.S. Election Results

America has voted, and in an extraordinary election upset Donald Trump has won the US presidential race.  So the question becomes: Now what?   Markets have been volatile, both in the lead up, and as a result of the election. We expect this to continue over the coming weeks amid speculation about his likely policy…

Read More

Financial Planning Acronyms

Have you ever met a FP who presented an SOA that suggested you should do a NCC to your SMSF, establish an LRBA, so you can avoid giving money to the ATO with the aim of generating a return above CPI?   We certainly hope it didn’t come from our office because we like to…

Read More

Muirfield Budget Update – May 2016

The 2016 Budget was handed down last night with a strong focus on Superannuation.  The Government was quick to point out that 96% of individuals with superannuation will not be affected by these changes. For those who are planning for retirement, this budget may result in the need to review your strategy.  To help your understanding we have summarised the changes we believe may impact…

Read More

Market Volatility – Where to next?

    It has been a tough six months for investment markets and times like these can be stressful.  No one likes to see the value of their investments decline and you may well have asked yourself if a change is warranted.   Whilst a more conservative approach may assist your short-term concerns you’ll find…

Read More

Share Market Performance in 2015

An impressive rally in the final weeks of December failed to get share investors back into the ‘black’ for 2015.  The benchmark S&P/ASX 200 index finished the year down 2.1 percent at 5411.02.   Despite the December rally, investors can only look wistfully at those heady days of April. Our best day was April 27th, when…

Read More

How much do I need in retirement?

As financial advisers one of the common questions we are asked by retirees is: how much do I need to live comfortably in retirement?

The answer is difficult to quantify for most, because it depends on so many variables: How long you live, how much you spend, how much your money grows during retirement. The only quantifiable factor in this complex equation is how much it costs you to live. The Association of Superannuation Funds of Australia (ASFA) have released a ‘retirement standard to assist with helping you to quantify your retirement needs.

Read More

How to make the most of retirement

Retirement symbolises the transition from accumulating to enjoying.  It is a time when many have reached their earnings peak, remain in good health, and are free to do whatever they please.  However, countless retirees enter retirement somewhat concerned about what the future might hold and we find many are out of their comfort zone.  Plain…

Read More