Q&As: Older workers don’t take jobs away from the young; There are ways around timing problems with annuities; Last week’s angry correspondent apologises, and asks another question about how safe NZ banks are; Two readers respond to last week’s outburst; One more “set and forget” KiwiSaver fund.
Q&As: NZ stock performance over last 10 years — after adjusting for tax, inflation and, perhaps, index changes; Is the gold price bubbly?; Confusion over NZ Super when one partner is under 65.
Q&As: Should reader move to lower-risk KiwiSaver fund? Putting share plunge in perspective; Don’t try to time markets; Gold fan checks in after gold price soars, but what of his other predictions?; The one situation in which NZ Super is affected by KiwiSaver savings.
Q&As: Repaying debt should be Number One priority — with one important exception; Money can’t buy the most important things in retirement; Last week’s numbers on NZ Super were incomplete — sorry; Let’s demystify share trading, and share holding; One more advantage of owning shares.
Wanted: better insurance against outliving our savings. Imagine you’re heading into retirement. You’ll get NZ Super, but you also have savings in KiwiSaver or elsewhere. You would like to spend that money over the rest of your life and leave the house to the kids. But — not knowing how long you will live — how can you decide how much to spend each year?
Q&As: Why it wouldn’t work to make tax changes for rental property apply only to people who buy property after a certain date; Landlord retaliation probably won’t last long; Holding people accountable for giving bad KiwiSaver advice — and lining up a partner to also get the first home subsidy; How might people with private pensions be compensated for rise in GST?
Q&As: How will superannuitants fare under proposed tax changes?; Should young couple invest their savings in a rental property while overseas?; Two Q&As about children and the KiwiSaver tax credit.
Q&As: Should couple repay mortgage with redundancy money, or invest it in KiwiSaver or elsewhere?; Big KiwiSaver provider should know better about first-year tax credits; More information available about investment advisers — and are hourly or percentage fees better?; Less room for trouble if people make their own investments after seeking adviser’s recommendations.
Q&As: Wealth doesn’t have to equal filth — New Zealanders’ attitude to money may leave them more worried about financial issues; Take your pick between share fund managers who try to outperform the market and those who don’t; Members of work super schemes can do well by also being in KiwiSaver.
Q&As: Steps a middle-income family can take towards buying their own home; Scams not always easy to spot; The presence of family trusts could prevent governments from means testing NZ Super; Has the worst already happened for kids in KiwiSaver?