Tag Archives: retirement

With the number of Kiwis aged 65-plus set to hit 1.3 million by 2034 (more than a fifth of the population), many are calling for changes to be made to the NZ Super scheme to ensure its sustainability. So, what might the pension look like in the future?

The office of Retirement Commissioner Jane Wrightson has released a report calling for a review of retirement village legislation to reset the balance of power between consumers and village operators.

Our term deposit rate is much higher than in similar developed countries, including Australia, the UK and Sweden. The deputy of the Reserve Bank of New Zealand (RBNZ) recently cited this as a reason the RBNZ had to do more to bring the interest rates down. The RBNZ is our …

Do you know what the role of NZ Super is? Is what many still call ‘the pension’ there to ensure dignity in old age? Is it there to provide a basic standard of living? Or is it a reward for working hard and paying taxes? If you can’t decide, you …

Research by the Financial Services Council suggests that a New Zealand financial advisor is worth the impressive sum of $1.5 million over 25 years to every person they assist. If you haven’t already received the backing of an advisor, what better time than now? The Financial Markets Authority has developed …

The job market does not support older adults in the workforce as much as it could. There is a lingering perception that older workers do not have up-to-date skills and attitudes, especially in terms of technology and overtime. These perceptions are often incorrect; however, they do create a major barrier …

Older people, particularly those with underlying health conditions, were initially thought to be more susceptible to COVID-19, but in many ways older people and retirees may be better equipped psychologically to cope with this very strange time we find ourselves in. Older people have the experience of retirement to draw …

The increased awareness of the gender pay gap over recent years is an important step in being able to close it. Time taken off to care for and raise children and care for older relatives is one of the largest impacts on pay. While it is clear to see the …

Many millennials are having a tough time launching their adult lives. The usual blame for this is placed on burdensome student loans, job insecurity, high housing or rent costs, and – of course –surplus cash regularly devoted to smashed avocado on toast and the latest iPhone! As a result, perhaps it’s no …

Have you heard of unretirement? It is a new phenomenon where retirees decided to come out of retirement and re-join the workforce. Looking at statistics over the ditch, the Australian Bureau of Statistics data reveals that 177,500 Australians aged 45 years and over who had previously retired returned to work …