If you are selling your home to move into a retirement village, don’t make the mistake of cancelling your home insurance too early.
Viewing entries tagged
retirement
The gap between NZ Super and the cost of living even a "no frills" lifestyle has widened, research from Massey University shows.
AMP managing director Blair Vernon believes as the cost of labour increased DIY skills will become increasingly valuable in retirement. Those who did not have the skills to do things themselves and needed to pay for services would fare worst in retirement, he said.
The Government is cautiously supportive of including higher KiwiSaver contribution rate options and “increasing KiwiSaver coverage” but cannot say yet what that might mean.
Commerce and Consumer Affairs Minister Jacqui Dean has released the Government’s response to the Retirement Commissioner, Diane Maxwell’s, review of retirement income policies.