Centrelink Wait Times
With an ageing population and an ever-increasing number of people applying for Centrelink benefits, the processing times of applications is understandably getting longer.
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 MoreThe Search For Meaningful Income
The Reserve Bank of Australia continues to reduce interest rates to historic lows. Rightfully so, investors are questioning what to do with their money so it doesn’t go backwards!
Read MoreWhat happens to the family home when moving into permanent aged care?
It is a common misconception that people are forced to sell their homes to fund a move to permanent aged care. Depending on financial assets outside the family home, assets could be structured to cover the costs without accessing the home equity.
Read MoreMarie 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!
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.
Read MoreMuirfield 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.
Read MoreTips 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.
Read More2019 Financial Year in review
With end of the financial year now behind us we take a look back at what happened in investment markets and financial circles over the previous 12
months.
In short, 2018/2019 was a bumpy ride, though we still managed to see positive returns in all major asset classes.
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