Posts by The Muirfield Team
Centrelink Update
In recent weeks, we have received numerous calls inquiring about Centrelink applications and the associated delays. Additionally, many of our clients have been receiving a significant number of letters from Centrelink.
To assist you in understanding these letters and determining if any action is needed, we’ve prepared a brief summary along with an estimate of application processing times.
Read MoreHow to reduce my Aged Care fees
This article explores financial strategies to make Aged Care more affordable, helping seniors navigate the complexities of financing their care. If you would like to know how to improve your Age Pension payments and reduce your Aged Care fees, this is for you.
Read MoreInvestment Market update – October 2023
The financial year ending 30 June 2023 was a largely positive one for investment markets. Leading the charge were Global Shares returning 18.67%. Australian Shares also rebounded strongly to return 14.78% in the 12 months to 30 June.
Read MoreClosing the retirement advice gap
The number of retired Australians is set to surge, and so will demand for retirement advice. Regardless of where you are on life’s journey, good advice is always valuable.
Read MoreInvestment Market update – 2023 Financial Year
The financial year ending 30 June 2023 was a largely positive one for investment markets. Leading the charge were Global Shares returning 18.67%. Australian Shares also rebounded strongly to return 14.78% in the 12 months to 30 June.
Read MoreHow much can I have in the bank before my Age Pension is cut?
It would have to be the most common question we receive. The answer can’t be summarised in a few sentences, instead, we’ll attempt to explain some of the inputs in calculating an Age Pension entitlement in this article.
Read MoreWhat you need to know about Franking credits
Franking credits, also known as imputation credits, are a tax credit which represent the tax that the company has already paid on profits before distributing them to shareholders as dividends.
Read MoreScam Protection
Protecting yourself from scams is crucial in today’s digital age where scammers are constantly finding new ways to target individuals and steal personal information. Here are some tips to help you stay safe and avoid falling victim to scams.
Read MoreThree behavioural factors that can affect retirement spending
Most Australian work hard to build up their nest egg but many are hesitant to spend it when they retire. You’ve worked hard to build your retirement nest egg and now the time has come or is approaching for you to begin the “decumulation phase”—taking withdrawals in retirement to live off your accumulated assets. This…
Read MoreWhat can I do with my home while in care?
When you enter care, you are not forced to sell your home. However, the decision whether to keep or sell the home can impact your Aged Care costs and Age Pension payments. This article will explore the implications.
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