Q&As: Here’s an incentive to save for retirement; Would increasing GST have to hurt those on lower incomes?; Time to count a few blessings; Lengthening the term of a mortgage can ease payments — but at a price; Don’t let tax drive your investment decisions.
Turning interest into your friend. New Zealanders are, apparently, a fairly satisfied bunch — except when it comes to our financial situation. But maybe that’s not such a bad thing.
Do we really need more stuff than Americans? Something to ponder as Christmas gift giving approaches: New Zealanders apparently think they need more stuff than the people we often regard as most materialistic — Americans. What’s more, older and male New Zealanders seem to be more into “things” than young people and females.
Q&As: Looking after the pennies is more rewarding than we realised; Three Q&As on readers’ suggestions on how a couple can better manage their money — including ideas on mortgages and software; Is it worthwhile trying to time a home purchase to make the most of market movements? — plus KiwiSaver first home assistance details.
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.
Confession time about retirement plans and goals. I’m going to commit sacrilege here. But it’s not as if I haven’t thought long and hard about it. So okay, deep breath, here we go: Contrary to what many will tell you, it’s quite possible to be financially together and not have a detailed written plan on how to fund your retirement — or even a retirement savings goal.
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.
Q&As: KiwiSaver trustee change raises questions about how much trustees protect members; Hazards of dealing with an overseas sharebroker; What’s the difference between investing and gambling?
Oh no, oh no, it’s off to work we go. Returning to work after a holiday is rarely easy. Back when I was employed — as opposed to self employed — I remember always feeling as if I were in the wrong job on my first few days back at work.