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.
Q&As: Should would-be first home buyers stay out of the market?; Grab the chance to save for first home; Reader’s KiwiSaver fees way higher than some providers’ fees; No need to move gradually from one share fund to another.
Q&As: Reader disagrees with my views on inheritances; KiwiSaver index funds, and performance of NZ share index; Choose risk level first, then go for low fees; A penny saved is better than a penny earned.
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.
Rainy Day Money: Why is it so important?; How much do you need?; How might you access the money — including through your mortgage; Where should you keep the money — if you haven’t got a mortgage.
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.
Q&As: How did reader get her own home on $38,000? Extraordinary saving; Home ownership costs much more than just mortgage; Selling your home — more than one agent, commission levels, auctions; What’s a profession?
Q&As: Alternative commission gives real estate agents incentive to get you a high price; Yes I was dead serious about telling woman to save less and spend more; Great granddad’s KiwiSaver gift a great idea; Ideas for 16-year-old’s inheritance; Helpful website for tiny house owners and people with land to share.
Q&As: How to tell if you’re on track with your KiwiSaver savings; Reader is saving too much, spending too little on fun; Even conservative KiwiSaver funds go negative sometimes; Allowances paid to employees not included in KiwiSaver contributions.