Q&As: Reader’s golden suggestion for investing proceeds of a house sale is worrying; 3 Q&As about KiwiSaver details — for people in other super schemes, children, and newly signed up KiwiSavers; More ideas on alternatives to “Mum and Dad” investors, including from a top government official.
Too good to be true — but it is true. It sounds like a too good to be true scheme that’s bound to end in tears: “Earn 36 to 56 per cent a year on a low-risk investment!” But there is such an investment, and it’s called KiwiSaver.
Q&As: Reader better off holding on to Auckland house while moving elsewhere to care for mother; How to maximise the KiwiSaver tax credit — before June 30; Should non-employee KiwiSaver contribute more than $1043 a year, or put further savings elsewhere?; Four readers offer alternatives to “Mum and Dad investors”, but none of their ideas is great; This column pleads “Not guilty” of sexism.
Q&As: A way for couples on higher incomes to get KiwiSaver first home help; Man with terminal illness can probably withdraw all KiwiSaver money; KiwiSaver contributions holidays more flexible than reader realises; More thoughts on why house prices have outgrown rents; 2 readers challenge the use of the term “Mum and Dad investors” — and we seek an alternative.
Q&As: 3 Q&As on the KiwiSaver help for first home buyers — why it’s so good, but also why some people aren’t eligible; A possible explanation for house prices outgrowing incomes.
Q&As: People in their early sixties are mad if they are not in KiwiSaver; One reader says it’s too hard to buy a first home in Auckland, but two others have suggestions on how to do it; The cost of building hasn’t risen since the 1970s, but shortage of land has pushed up prices, says a reader. Plus: Follow-up on last week’s comment about a job vacancy in Wanganui.
Q&As: Why house prices must — at some point — come down further; Newly retired person loses out, for a year, on PIE tax; How a rising NZ Super age might affect KiwiSaver; Temporary workers in KiwiSaver at a disadvantage.
Set and forget KiwiSaver funds a great choice for many. I’m not really interested in what happens under the bonnet of my car, as long as it goes. In much the same way many people are not interested in what happens to their KiwiSaver accounts, as long as they grow.
Q&As: Two readers’ bright ideas on how to negotiate with real estate agents; Everything you need to know about tax on PIEs, which include almost all KiwiSaver funds.