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Your 7 Most Common Centrelink Questions at Retirement

Web4. What benefits do I get from the Low-Income Health Care Card? Most of the benefits are the same as the Pensioner Concession Card, though as holder of the Pensioner …

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URL: https://www.muirfieldfs.com.au/your-7-most-common-centrelink-questions-at-retirement/

Centrelink Concessions

WebCentrelink issues several types of concession and health care cards, which provide a range of benefits to card holders. You may be eligible for the benefits below …

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Low-Income Health Care Card – The Forgotten Concession

WebBeing eligible for a low income health card and actually getting one are two very different things. If you are fully self funded and rely totally upon investment income …

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Limit the Impact of inheritance on your Centrelink Age Pension

WebAs financial planners, we assist clients through many stages of life. Unfortunately, one of these stages is helping clients determine how best to invest an inheritance following the …

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How Much Money Do You Need for A Comfortable Retirement

WebGeelong Office: Suite 3, 400 Pakington St NEWTOWN VIC 3220 Office hours: 9:00am – 5:00pm Monday to Friday. Torquay Office: Suite 11, 4-6 Gilbert St TORQUAY VIC 3228

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What is the Pensioner Stamp Duty Concession

WebAs a pensioner in Victoria you may be eligible for a discount on the stamp duty when purchasing your next home. The scheme is offered to pensioners in receipt of an eligible …

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What happens to the family home when moving into permanent …

WebThis question is asked by 90% of clients I see, who are looking at making a move to permanent aged care themselves, or for a loved one. Depending on a clients’ …

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The Fear Holding Back Your Retirement: Part 3

WebGeelong Office: Suite 3, 400 Pakington St NEWTOWN VIC 3220 Office hours: 9:00am – 5:00pm Monday to Friday. Torquay Office: Suite 11, 4-6 Gilbert St TORQUAY VIC 3228

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Changes to Age Pension in 2017

WebThe asset thresholds are being reduced from 1 January 2017. Who is impacted? The change to the asset threshold will impact people receiving Age Pension, …

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Age Pension FAQ’s

WebOn 1 July 2017, the qualifying age for Age Pension will increase from 65 to 65 years and 6 months. The qualifying age will then increase by 6 months every 2 years, reaching 67 by …

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Centrelink Wait Times

WebCentrelink Processing Times – Minimum 10-12 weeks. With an ageing population and an ever-increasing number of people applying for Centrelink benefits, the …

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The Impact of Inflation And Longevity Muirfield Financial Services

WebGeelong Office: Suite 3, 400 Pakington St NEWTOWN VIC 3220 Office hours: 9:00am – 5:00pm Monday to Friday. Torquay Office: Suite 11, 4-6 Gilbert St …

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How to reduce my Aged Care fees

WebThis change raises the maximum pension payment from $827 per fortnight each to $1,096.70 per fortnight each. For couples not yet receiving an Age Pension due to …

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5 Key Questions About Aged Care

WebGeelong Office: Suite 3, 400 Pakington St NEWTOWN VIC 3220 Office hours: 9:00am – 5:00pm Monday to Friday. Torquay Office: Suite 11, 4-6 Gilbert St TORQUAY …

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How much can I have in the bank before my Age Pension is cut

WebIt 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 …

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Andrew Torney, Author at Financial Planning Geelong Muirfield

WebInvestment Update – 14 April 2020. By Andrew Torney | April 14, 2020 | 1. The outbreak of COVID-19 continues to be an unprecedented tragedy across the globe. While the …

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Paying your Aged Care Entry Fee

WebIf you have paid a part RAD your DAP will be based on the outstanding Entry Fee. For example if your Advertised Entry Fee is $300,000 you could pay; A RAD of …

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New Powers of Attorney legislation in Victoria

WebGeelong Office: Suite 3, 400 Pakington St NEWTOWN VIC 3220 Office hours: 9:00am – 5:00pm Monday to Friday. Torquay Office: Suite 11, 4-6 Gilbert St …

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How to hide money from Centrelink

WebI am 68 and receive a pension. I own my home (value $300,000) and have no super. My mother just died and I will inherit about $150,000. It is in shares which she …

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