Archive | Retirement

Elder Abuse

Elder Abuse

Elder Abuse Our population is aging and incidents of elder abuse are increasing in line with this trend. Elder abuse is a serious issue in New Zealand, and Age Concern report that they receive around 2000 referrals a year, with the most common types being financial, physical and emotional. For every referral, there are, no […]

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Retirement Income

Annuities for Retirement Income

Annuities for Retirement Income Retirement is something to look forward to – a new way of being, and lots of new experiences ahead. However, there is one big concern, and that is making sure there is enough money to provide a comfortable lifestyle until the end of life. Accumulating money in KiwiSaver or superannuation scheme […]

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Retired Couple

Living on NZ Superannuation

Living on NZ Superannuation There is an avalanche of baby boomers who are retiring. The burning question for most of them is “How can I live on NZ Superannuation?” A couple who both qualify for NZ Superannuation receive around $576 a week after tax. That’s just under $30,000 a year. For people on an average […]

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Overcome Fear

Overcome Your Retirement Fears

Overcome Your Retirement Fears It’s not easy going back to work after an enjoyable holiday. Rather than returning to the same old drudgery, many people consider a fresh start by thinking about applying for a new job or contemplating retirement. Dreaming about a different life and making it happen are two different things. While some […]

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tough

Tough Times Ahead for Retirees

Tough Times Ahead for Retirees One of the key determinants of term deposit rates is the Official Cash Rate (OCR), which is the principal monetary policy tool used by the Reserve Bank to maintain price stability. Reducing the OCR has a stimulatory effect on the economy, as borrowers take advantage of lower rates to spend […]

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Happy Retirement

Prepare to Retire

Prepare to Retire A quarter of those in retirement say they don’t have the money to do the things they want. Another quarter say they have enough to do everything they want and the rest, around a half, are able to do only some of what they want. These are the grim findings of a […]

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Migrating

Migrating Pensioners

Migrating Pensioners There is an interesting trend developing amongst retirees; they are increasingly on the move internationally, not only for holidays but to live overseas permanently or for extended periods. Better health and increased longevity for retirees are factors in this trend, as well as the desire to be close to children and grandchildren living […]

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Three Buckets

The Three Bucket Approach to Retirement

The Three Bucket Approach to Retirement How best to get income from investments in retirement is a problem that has many possible solutions. The return on an investment portfolio is a combination of income (interest or dividends) and capital gain (the increase in the value of the investments over time). The disadvantage of income-producing investments […]

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guilt-free-zone

Guilt-free Retirement Planning

Guilt-free Retirement Planning Many books on retirement planning suggest you start thinking about planning your retirement when you start your first job. While it is true that the sooner you put plans in place for the long term the better off you will be, it is unrealistic and impractical to start planning too soon. Let’s […]

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Advice for Elderly Parents

Advice for Elderly Parents There comes a time when our elderly parents, who we thought were capable of doing anything and everything, need our help to manage their affairs. As we get older, it becomes harder for our brains to process information. Filling out forms becomes a nightmare, and understanding directions or instructions is very […]

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retirement care

Plan Ahead for Retirement Living

Plan Ahead for Retirement Living It is said that the older you get, the faster time goes, and if you subscribe to that view, the best time to think about where you would like to spend the last part of your life is sooner rather than later. Later in life, the effects of aging make […]

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retirement savings

Compulsory Retirement Savings

Compulsory Retirement Savings There has been much talk recently about whether KiwiSaver should be made compulsory and the percentage contribution increased. In theory, there could be several economic benefits from this approach. As a result, millions of dollars would be saved rather than spent and this would help take the heat out of the economy […]

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