Q&As:
– Where to put your money if you’ve lost faith in all financial assets
– Why being in a balanced fund isn’t always equal to being in both low- and high-risk funds
– Suggestion for last week’s couple unable to buy a home because of his parents’ mortgage
– Tax on PIEs and uneven tax burden
Plus:
– How to make use of new info on KiwiSaver statements
Important new info on KiwiSaver annual statements arriving about now:
– You’ll be told your expected savings at 65 (inflation adjusted)
– Also how much you will be able to spend per week until age 90 (inflation adjusted)
– (But you won’t get this if you’re new to that provider, under 18 or over 65)
– How these numbers are calculated
– What if you don’t fit the assumptions, eg you plan to retire before or after 65?
– What to do if your numbers are worryingly low
Q&As:
– 2 readers ask whether this is a good time to buy a home
– Drip feed into an investment, but preferably not out again
– How COVID-19 affects KiwiSavers planning to withdraw to buy a first home
– 65-year-old in KiwiSaver should relax
– More on “blood in streets” quote
Q&As:
– Sell your home and rent in retirement, to free up money?
– Is it good for both partners to be with same bank’s KiwiSaver?
– Proof on why not to judge KiwiSaver by returns
– More on why index funds won’t mess up share market
– Reader sends his thanks
Plus:
– Bye and thanks — and be terrific in traffic
Q&As:
– Couple should make children their priority while the kids are young
– KiwiSaver gives children a good start, despite the lack of incentives
– Don’t blame bank for getting son’s KiwiSaver tax rate wrong
– Expanding the “cut back on gifts” idea to birthdays, Christmas and Mother’s Day
– Inflation tougher on superannuitants, but reader still has options
Plus:
– I’m doing two talks in Tauranga on November 3
Q&As:
– Low interest not as bad as it seems — when we check out inflation
– Ideas for retiree struggling because of low interest
– Should retirement savings go into high-earning KiwiSaver fund?
– Apartment ownership not worry-free
– My tax gripe shot down
Q&As: Difficult for beneficiary to gain from inheritance; Is there anything in KiwiSaver for retirees? …; … Reader replies to that, but worries me; Does KiwiSaver beat other funds in retirement?; 2 readers have fun with last week’s tiny tax refund letter.
Q&As: Italy is bad for bureaucracy, but how about Kiwi girl getting 4¢ tax refund?; Do retirement investment “rules” change if you have big savings?; No we don’t want to reduce picture with column!; Company that performed badly last century doing well now.
Q&As: Should couple in their 40s splash out on an Italian holiday home?; How to invest savings 5 years before retirement; 3 rules of thumb on how much to spend in retirement …; … And how they apply to one couple.
Q&As: Mum’s single-share investment a huge disappointment; How to organize savings in retirement …; … and how not to; Knicker drawer a great spot for share investment.