Q&As: KiwiSaver balanced fund investor should relax; Wait until 65 not as bad as it seems; Real estate fees should be lower — shop around; Mum gets more NZ Super, and I sign off for the year.
Sorting your finances step by step. Based on Mary’s new book “Rich Enough? A laid-back guide for every Kiwi”: Why it’s best to do it in steps. Why the steps are in this order. What the steps cover: Step 1. Start now — it’s easy; Step 2. Kill off high-interest debt; Step 3. Set up insurance — and a rainy day fund; Step 4. Join the best KiwiSaver fund for you; Step 5. Boost your saving painlessly — how and where; Step 6. Stay cool; Step 7. Head confidently towards retirement — and through it; Step ? (when it’s the right time for you — if ever): Buy a house, or sell one.
Q&As: Should student extend his student loan so he can invest in KiwiSaver?; Reader challenges what I said on dollar cost averaging, but ignores psychological side; Another reader warns about costs of dollar cost averaging; Why isn’t all KiwiSaver money in growth funds?
Q&As: Employers taking their KiwiSaver contributions out of employee pay should be stopped; “Fatal flaw” in short selling not so fatal; Reader thinks IRD should have been tougher on rental capital gains…; …While another reader suggests an alternative tax; “It’s property investor activity that counts” says reader.