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Beyond Covid-19 – A demonstration of human resilience

It is worth noting, particularly given the origins of Covid-19, that the Chinese word for crisis consists of 2 characters. The first character signifies danger and the second character signifies opportunity. With any crisis comes opportunity, as a society we still have a level of resilience and adaption to deal and live with any situation.

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Investment 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.

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2020’s top economic jargon

If the economic concepts that arise this year don’t make much sense to you, congratulations: you’re not alone. To give you a fighting chance at keeping up, we have borrowed from The Age columnist, Jessica Irvine’s top 10 list of economic jargon words or phrases you’ll need to avoid looking silly at dinner parties this year.

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What’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.

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Marie Kondo your money

Marie Kondo’s principles of tidying aren’t just for your closets, cupboards and the kitchen pantry! The Japanese decluttering expert has made a name for herself with the KonMari method which revolves around discarding personal items that no longer spark joy.

We’ve taken some of her ideas, overlayed some of the more common financial manifestations we see and proudly present, the Muirfield financial spring clean!

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Muirfield Celebrates 30 years

Thirty years is a long time to be in small business and we’re proud to say we’ve continued the client focused traditions implemented by Hayden Torney back in 1989 when he established Muirfield Financial Services. Over the years we’ve had the good fortune to work with some amazing people, families and other small businesses throughout the region. For most, the value of our advice and support is centred on making financial decision making as simple and stress-free as possible.

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Tips For A Meaningful Retirement

Muirfield recently published an article in the Surf Coast Times “Celebrating Seniors and Retirement Living” liftout. The article explored 5 tips for a meaningful retirement.

Retiring is one of the most significant life changes people make and for most retirees the transition is a relatively easy one to navigate. For some, adjusting to life after work can be more difficult, particularly when people have spent a lifetime finding meaning and social connection in their careers. Obviously, the decision to retire is a big one from a financial perspective, however, over time, I have come to appreciate the importance of preparing my clients for retirement emotionally as well as financially.

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