RNZ Radio 19 October 2017
Why shares are the new houses for Generation Rent: A listener’s letter — well done on debt and saving!; How much should renters be saving?; KiwiSaver’s role; Where to put the savings; Where to get advice — banks? advisers?
Why shares are the new houses for Generation Rent: A listener’s letter — well done on debt and saving!; How much should renters be saving?; KiwiSaver’s role; Where to put the savings; Where to get advice — banks? advisers?
Q&As: Is mortgage interest as ‘dead’ as rent?; $1 million needed in retirement, says reader…; …But here’s how you can do well with half that.
Q&As: Don’t count on house price rises — and it may be better to keep renting; Couple need to make up their mind about buying vs renting; KiwiSaver providers occasionally slip up on claiming tax credits.
Q&As: Universality of NZ Super annoys working couple; Reader challenges AMP KiwiSaver funds’ performance; Accountant objects to my comments about landlords; Bad luck with competitions? Keep at it; Pluses of onboard life include decluttering.
Two issues: Is home ownership the only way to go?; And ethical investing. Firstly, a bit more on children and KiwiSaver. Put in $1000 yourself, or don’t sign them up! 1. Is home ownership the only way to go? — You can instead save lots to cover accommodation in retirement; Home ownership is declining; Owning vs renting — Pros and cons of each option. 2. Ethical investing — What is it?; Possible problems; Are returns higher or lower?
Q&As: How would Labour’s proposed variable KiwiSaver contributions rate work?; Labour’s capital gains tax and… shares; …public submissions before the tax is enacted; …how inheritances would be treated; …family homes and baches in a trust; …using part of the home for business; …its effect on house prices; …its effect on rents.
Q&As: 60 is not too old to get a mortgage and buy a first home; Buying a home is not the only way to financial security; Don’t overlook tax if buying a rental with the aim of selling at a profit; Want to free up money? Try moving to Tokoroa; Just one bank and one finance company respond to term deposit challenge.
Q&As: Should family keep renting, or buy a home?; Why Inland Revenue takes so long to process KiwiSaver contributions; Employee must join KiwiSaver via their employer, but that’s not so bad; Adult children can’t opt out of KiwiSaver, even though their parents signed them up.
Q&As: How to plan retirement savings if you don’t want to own a home; Family in last week’s column must have muddled their language a little; If you’ve lived in Australia, applying for NZ Super may not be straightforward.
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.