Posts by The Muirfield Team
10 Things you need to know about Aged Care – Part 2
The complexity of Aged Care rules mean there are a lot of myths about what you can and can’t do and how the rules are interpreted. We list and explain 10 of the most common questions and myths put to us by clients.
Read MoreMake the most of your time in isolation with these 5 ideas
Make the most of your time in isolation with these 5 ideas.
Upskill
Spy on animals at the Melbourne Zoo
Virtual Art Gallery Tours
Learn a Language
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10 Things you need to know about Aged Care – Part 1
The complexity of Aged Care rules mean there are a lot of myths about what you can and can’t do and how the rules are interpreted. We list and explain 10 of the most common questions and myths put to us by clients.
Read MoreInvestment and Business Update
In our efforts to keep you up-to-date in such a rapidly changing environment, we provide the following summary to assist your understanding of events affecting our community, the global economy and share markets.
Read MoreStimulus Package – Commonwealth Seniors Health Care Card
Those who have held the Commonwealth Seniors Health Care Card at any time from 12 March to 13 April 2020, will be eligible for the recently announced support payment. Eligible cardholders will receive two stimulus package installments of $750, one from March 31 and the other from July 13.
Read MoreNew minimum drawdowns for Account-based Pensions
Following the weekends announcements, the Government has halved the minimum drawdown for Account Based Pensions. The drawdown percentage is still based on age and is represented in the table below.
Read MoreSummer 2020 Newsletter
In our Summer Newsletter we introduce some new faces to the Muirfield team, Matt seeks to spell our some of the jargon you may have heard in financial circles and Courtney adds another string to his bow by offering mortgage advice. In addition, we discuss the over growing Centrelink wait times. Click the button to…
Read MoreWhat’s my Retirement Purpose
Retirement for most people is a daunting consideration – it is letting go of consistent security (often found through work and income) to financially support yourself (and dependents) for the rest of your life.
We often ask clients, what is your ‘purpose’ in retirement? A consideration that varies significantly from person to person.
Muirfield – Making a Difference
This week we were advised the Ocean Mind application was successful with a $10,000 grant helping to change the lives of youth in our region.
Read MoreHow to hide money from Centrelink – Legally
Not a day goes go by where I am not asked some form of question about how best to structure (hide) money to protect and improve a Centrelink benefit.
Whilst the term “hiding money” brings thoughts of illegal activity to mind, there are legitimate strategies available to you to preserve or enhance your eligibility for a Centrelink benefit.
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