Record low interest rates make retirement planning difficult. And low returns from defensive asset classes traditionally favoured by retirees—like term deposits—are making the situation even more dire.
With more and more retirees forced to dip into their retirement capital to meet the rising costs of everyday expenses, it’s more important than ever to understand how to protect your retirement income.
The team at Muirfield Financial Services has more than 30 years’ experience guiding hard-working Australians onto the retirement runway. Consider checking off these items to make the most of your retirement.Read More
To assist retirees in preserving wealth within the tax-effective super system the Government has halved the minimum required payment rate from Account-based Pension accounts.Read More
One of the greatest challenges for retirees in Australia relates to the management of their retirement income. Unfortunately, the adage to ‘spend less than you earn’ doesn’t always work for retirees.Read More
Most advice about retirement affordability draws on mathematical models. To develop an equation or model requires key assumptions about the numbers used.
In this article we will consider what is ‘right’ and ‘wrong’ when considering your retirement affordability.Read More
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 More