All tagged Superannuation

How much money do I need to have invested at 65?

It may be because my ears are finely tuned to anything money-related, but there seems to be increasing talk of saving for retirement. More specifically, people are not investing enough for retirement. Organisations are panicking on our behalf as they watch Kiwis nonchalantly wander their way to retirement, in many cases hopelessly unprepared, having barely given the financial side of stopping work a thought. I’m well ahead of the game here, as I’ve been thinking about—and financially planning for—our eventual retirement for years. I have a question for you. If you woke up tomorrow and found you were now 65 and would receive government superannuation but no longer worked, as your financial situation stands today, could you survive financially?

Applying The Barefoot Investor in NZ

The Barefoot Investor by Australian Scott Pape is an excellent book and it has been instrumental in changing the financial direction of not just Australians but also of Kiwis. Many people have asked me to work out what the Kiwi equivalents are of the providers he recommends. I’m not saying this is a conclusive list, but I’ve given it my best shot.