Q&As: Two Q&As on our recent sawmilling picture — and how they got the huge log up there; Is it still worth it to set up a trust so you are eligible for the rest home subsidy?; A suggested way to stop people using trusts to get the rest home subsidy — and are trusts fair?; Angry reader talks quietly; Couple in their 60s plan trip to Greece courtesy of KiwiSaver.
Labour shows up National on retirement savings issue. Come on National, you can do better. In less than a year, the first New Zealanders will gain access to their KiwiSaver money to spend in retirement. They need help with how to handle that money.
Q&As: Should reader move to lower-risk KiwiSaver fund? Putting share plunge in perspective; Don’t try to time markets; Gold fan checks in after gold price soars, but what of his other predictions?; The one situation in which NZ Super is affected by KiwiSaver savings.
Q&As: Am I flogging a dead horse over annuities?; Why annuities are not popular; Perhaps the government should provide annuities; Different types of annuities available; Would it be wise to get an annuity from a UK company?; How KiwiSaver changes will affect shareholder employees.
Q&As: Two questions to ask before trading up to a more expensive house; A pilot joins the call for annuities for retiring KiwiSavers; Mercer explains its alternative to conventional annuities; A KiwiSaver provider gives children a break on fees; A reader is taken aback over a headline about steady incomes — and I’m taken aback that she cares!
Q&As: Calling all KiwiSaver providers: Please let us know if you have plans to offer annuities or similar; Other payout possibilities for retired KiwiSavers; Couple who have returned to NZ but still own UK house should sell it, buy here and get on with enjoying life; Dwindling children’s KiwiSaver accounts possible but unlikely.
Q&As: Retired couple with house in Christchurch’s red zone have several options to weigh up; Three Q&As about KiwiSaver for children and grandchildren; One adviser firm accepts pay-for-performance fees, at least to some extent.
Q&As: A house looks ridiculously cheap in 1958, but let’s put that into perspective; Retiree hit by inflation acknowledges that it could have been worse; Too hard to get by in New Zealand? Fix it or leave, but don’t whinge; A family wants out of its family trust, which is complex, expensive and not benefitting anyone.
Savings growth is far from over at 65. I’m a bit hesitant to pass on this information, for fear that some readers might get the wrong message. But here goes. Just promise me you’ll read past the first half dozen paragraphs, okay?
Q&As: Should it take a bank three weeks to cut its mortgage rates?; Just how great was one family’s “Great Mistake of 2009”?; Reader tells Mary off for forgetting about the expenses of selling a house; How couple should invest as they approach retirement.