Q&As: Mum’s single-share investment a huge disappointment; How to organize savings in retirement …; … and how not to; Knicker drawer a great spot for share investment.
Q&As: When having a separate savings account is not the best approach; Houses still cheap in Whanganui; Mt Albert reader offended by house price Q&A; KiwiSaver government contribution smaller in your first year; Provider says their fund is great for retirees; KiwiSaver withdrawals after 65 not instant.
Q&As: How 71-year-old renter could use her savings to supplement NZ Super; Reader dislikes ‘free government money’ and KiwiSaver hardship withdrawals; Nobody can predict the share market, so don’t try to time it; Info on KiwiSaver returns is available, but not a lot of use.
Insights from conference on retirement income. Conference run by Retirement Policy and Research Centre at University of Auckland, 26 April 2019. Speakers included Minister of Consumer Affairs Kris Faafoi. Broad aim: Smoothing lifetime consumption. What does that mean?; NZ Super: How poor are 65+ people? Can we afford Super in future?; Health in old age: Not all worrying; Decumulation (spending retirement savings): Help from government needed. Home ownership issues; NZ on world stage: What we do well.
Q&As: Don’t try to time your move into a higher-risk fund; ‘Own pocket money’ a secret for matrimonial harmony; Non-earners should raise KiwiSaver contributions if they want a first home grant; A grandma worries about the children’s KiwiSaver accounts …; … But a mother reports her kids are doing fine; Video comparing home buyer and renter is misleading. RIP capital gains tax.
Playing with numbers. 1. Dollar cost averaging: How it gives you bargains; Does it work if you have a lump sum? 2. Rule of 72: How long for an investment to double?; If investment has doubled, what was your return? 3. 40 years in KiwiSaver: 3 times as much in high-risk fund; 1.5 times as much with lowest fees.