Reverse mortgages

NZ Herald 17 February 2024

Q&As:
– How should terminal cancer patient handle her money?
– Tax ideas:
   – Tax-free amount for low earners?
   – Get rid of cash?
   – Use GST only?
   – Don’t forget brightline test
– Yes, you have plenty to retire on…
– … Superannuitant gets along fine on just NZ Super

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RNZ Radio 17 August 2023

Struggling to pay rates? Try a rebate or postponement:
(First: A comment on National’s proposed KiwiSaver changes)
– People facing big rate rises
– Different councils’ offerings
– Rebates for people on low incomes
– Postponement in some cases for everyone
– How it works
– How to get help with this

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NZ Herald 22 July 2023

Q&As:
– Become a digital nomad — but keep the house
– What it’s like working with a financial mentor
– Sell the house and rent in retirement?
– Some banks reject parents’ loans to children for house buying
– A warning on lending to an elderly parent

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NZ Herald 15 July 2023

Q&As:
– Help for low-income people in rundown house…
– … And for woman with inheritance
– … And for reader with lousy luck
– Lend rather than give money to offspring to buy a home
– Letters about banking headed for Commerce Commission

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NZ Herald 1 July 2023

Q&As:
– Term deposit website worries me
– Not easy to invest for teens without their knowing
– Clever idea for helping your child into their first home
– Readers’ stories about switching to smaller banks

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NZ Herald 24 June 2023

Q&As:
– Where can 16-year-old get term deposit in their own name?
– The perils of guaranteeing an adult child’s mortgage
– Budget adviser likes reverse mortgages
– Colourful quotes from Bernard Baruch
Plus:
– Your story about switching banks

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NZ Herald 17 June 2023

Q&As:
– Wobbly markets don’t mean you should sit on the sidelines
– Reader unhappy after following my advice
– Tips for nervous investors
– Best KiwiSaver plan after first home purchase
– Use a reverse mortgage to help son?
– A reader’s story: Learning to appreciate market downturns

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NZ Herald 10 June 2023

Q&As:
– KiwiSaver provider’s ad looks like cherry picking to me
– Retired couple should sell their rental property
– You can repay reverse mortgages any time
– Reader takes note of bank credit ratings when choosing term deposits
– A reader’s story: Surviving Covid jitters, and upping KiwiSaver and mortgage payments

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NZ Herald 3 June 2023

Q&As:
– How could I resist? Quite easily, actually
– A short-term reverse mortgage works well for this reader…
– … But rates postponement might be better for this one
– Don’t overlook other banks’ term deposits
Readers’ stories:
– Column helps with recovery from accident
– House deposit money better in the bank

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NZ Herald 27 May 2023

Q&As:
– A reverse mortgage that hasn’t gone well …
– … But it might work for this reader
– A great tip on how to get more on your term deposit
– Buying shares is much cheaper these days
– A reader’s story: Many wise moves, and a great attitude

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