4 signs you will be financially successful
11 December 2017 –
Arguably, your financial success is more determined by your behavior and attitude about money than your income. So, what are the signs that you will be financially successful?
1. You make yourself a priority. As soon as it’s pay day, you should pay your own savings and investment accounts... Read more
What do baby boomers fear the most?
11 December 2017 –
US-based financial advisers recently rated* running into health problems as their baby boomer clients’ biggest concern – with dementia being top of the list. This has been reinforced by Dr William Reichmann - a global leader in research on aging. He talks about how Alzheimer’... Read more
The problem of mental incapacity when you are a trustee of a family trust
31 October 2017 –
Many New Zealanders have all their assets in a family trust. Additionally, New Zealand, like many other countries, has an aging population and we are seeing an increasing number of elderly people losing their mental capacity.
When a trustee of a trust loses their mental capacity, it can lead to... Read more
Where to live when you get older
6 June 2017 –
Where to live when one gets older is an issue we all need to confront at some stage in our lives, be it making the decision for ourselves, or assisting a loved one to make that decision. Moving into a retirement village or rest home is now becoming more popular. However, there are other choices... Read more
5 steps for retiring early
2 May 2017 –
For many New Zealanders, retiring before age 65 is the lifestyle Holy Grail. The dream is to kick back, spend time with family, friends and loved ones, and travel heaps. They subscribe to the view of “casting off the drudgery of day-to-day work and enjoying the good times as you only live... Read more
Can you afford living to 90 or even 100?
3 April 2017 –
It is official - many of us could live beyond age 90. A recent research report published by the Imperial College of London (ICL) in collaboration with the World Health Organisation (WHO) has identified that South Korean women will be the first to have an average life expectancy that exceeds 90. The... Read more
The downs of downsizing
5 December 2016 –
Do you plan to downsize the house as a part of your retirement plan? Lots of people do. Selling the house to buy a less expensive one has been a good and easy option for a lot of people in the past.
The basic scenario looks something like this. A couple has a house in Auckland worth $1.5m with a... Read more
New Zealand Superannuation and age 65
4 November 2016 –
New Zealand doesn’t actually have an official retirement age. Nevertheless, for many people, 65 years old is the target. It’s the age when most superannuation plans (including KiwiSaver) begin to pay out your savings, including government-funded NZ Superannuation.
The Commission for... Read more
Life after work - ready or not
31 August 2015 –
A new study shows that almost half of people over 50 years old have yet to figure out how they will reach their retirement goals. While four in ten people who have already retired, did so without a financial plan for their retirement.
A joint survey by the Commission for Financial Capability... Read more
Retirement pitfalls: Why people run out of money
30 June 2015 –
Financial advisers can spend decades working with clients to craft a retirement plan that, on the surface, appears bulletproof from the standpoint of investments, retirement income and asset-liability management only to see it fall apart in short order. The fact is it happens a lot more... Read more
The markets are definitely a double edged sword
30 April 2015 –
It is times like these that investment advisers get increasingly more nervous. The investment markets are fantastic for one set of clients and woefully bad for another. How can the markets produce two totally different outcomes?
The stock markets, and hence equity-based managed funds,... Read more
Do you have lost Aussie Superannuation?
13 August 2014 –
The Australian Taxation Office (ATO) has estimated that $NZ21 billion of superannuation funds in Australia are lost within the Australian superannuation system. A significant portion of these funds could belong to people resident in New Zealand. As more NZ citizens are choosing to move... Read more
