Q&As: Is KiwiSaver the best place to save for a child?; KiwiSaver is flexible in retirement; 21st birthday money could be used to repay student loan — and get bonus; Gains, taxes and prizes; Another website offers info on banks; Tell your KiwiSaver provider how well they communicate.
KiwiSaver thriving …especially among those in their twenties. KiwiSaver is thriving. Most people know by now that more than 2 million — over half the eligible people — are members. But a new report tells more. Far more people are now staying in the scheme after auto enrolment; many are switching from default schemes to something more suitable; and a full three quarters of New Zealanders in their early twenties are on board.
Q&As: Best websites for comparing banks; “Frugal ways die hard”; Winners of TV show may be in for a nasty tax surprise; KiwiSaver may not be the best spot for 21st present.
KiwiSaver’s flexibility is a plus… …up to a point. KiwiSaver is many things — mostly good. But I hadn’t thought of it as a type of insurance policy until recently, when I was talking to an authorized financial adviser in Christchurch.
Q&As: Would trading down to a cheaper home help couple save for retirement?; Government’s questions about family trust fair enough; Two Q&As about couples who have no trouble living inexpensively in retirement.
Q&As: Fortnightly mortgage payments not all they’re cracked up to be; When the overnight money goes in and out of bank accounts; How to organize retirement savings; The downside of using rental property for retirement savings; Last week’s correspondent exaggerated his woes.
Q&As: Reader’s returns in the stratosphere; Bach reading reveals very long-term data on gold prices; To buy or not to buy when house prices look bubbly.
Are bonds really that beautiful? Bonds are beautiful. That’s certainly the message when you look at a recent Reserve Bank list of returns on 11 different types of investments, including New Zealand, Australian and international shares, property, farms, bonds and cash.
Q&As: Make credit card repayment your top priority; Why KiwiSaver tax credit is not as good as some people think; Revolving credit mortgage could help some unhappy ANZ customers; Reader bombs out on gold, silver, dollar forecasts.
Q&As: Is now a good time to buy a first home?; KiwiSaver versus mortgage repayment trade-off for self-employed and non-employees; 2 Q&As about changes to ANZ mortgage conditions.