Viewing entries tagged
retirement
When planning for retirement, one of the most common questions people ask is, "How much money do I need?" The truth is, there is no universal answer. Retirement needs are deeply personal and vary based on lifestyle, health, location, and financial expectations.
We know that many KiwiSaver members tend to view this as a long term ‘set and forget’ type of investment. However, circumstances change and what was suitable when joining KiwiSaver may no longer be the case.
Core Advice are pleased to be one of the presenters at the Retirement Preparation Hui being organised by Presbyterian Support to provide vital tips to help soon-to-be retirees to understand the potential challenges, find new purpose, and thrive in their upcoming retirement, for a full, rich, and rewarding life.
If you are selling your home to move into a retirement village, don’t make the mistake of cancelling your home insurance too early.
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.
