Tag Archives: retirement

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 …

A study by Australian consultancy group Rice Warner (commissioned by not-for-profit organisation Women in Super) has revealed that retirement savings for men aged between 30 and 60 are 42 per cent higher than for women of the same age. The gender gap was biggest for women in their late 30s and …

It is widely acknowledged that moving house is among the most stressful experiences in life. When we are older, this already daunting life event can simply become too much to contemplate and it becomes overwhelming to the point this becomes a reason to delay or defer a move. Moving home …