Q&As: Interest-only mortgages have major flaws; Another — good — approach to reverse mortgages; Are the banks ripping us off with reverse mortgages?; Spending certainly didn’t decrease for this new retiree; KiwiSaver contributions flexible.
Let’s not make KiwiSaver compulsory. The words “compulsory” and “KiwiSaver” seem to be appearing more and more often in the same sentence. I don’t like it — but I seem to be in the minority.
Q&As: Beneficiary can do well with KiwiSaver — with help from a Buddy; Elderly couple shocked at how fast reverse mortgage is growing; Should reverse mortgage interest rates be lower?
Tricky questions to ponder on the beach walk. Summer holidays — a time to look beyond what’s happening in your life over the next week or so. How about the next 40 years?
Q&As: The pluses outweigh the minuses when putting kids into KiwiSaver; Some thoughts about reverse mortgages; Alternatives to reverse mortgages; An end of year message.
Q&As: Child’s KiwiSaver account highly unlikely to shrink to zero; Family could do its own “reverse mortgage”; Some downsides of reverse mortgages.
Self-insurance eases the pain. Have you ever thought, as you pay hundreds of dollars yet again for car or house insurance that you never claim on, that it would be better to bank the premiums and use that money if something went wrong?
Q&As: Reverse mortgages can work well, if you know what you’re doing; Where to get comparable info on KiwiSaver fees; A parent’s worries about KiwiSaver are probably unfounded.
Q&As: Lessons from a bad managed fund investment; An older reader’s tips on money and life; Do parents commit their children to KiwiSaver if they sign them up?; Meaningful Christmas giving.
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.