New Zealand’s old stalwart of saving, Bonus Bonds, is winding down after more than 50 years of service. Meanwhile, some KiwiSaver default providers are changing. Is your nest egg where it should be? Milford investigates.
Heartland is New Zealand’s leading provider of reverse mortgages, having helped over 19,000 customers across the country release equity from their homes to fund their dream retirement. As part of our GrownUps partnership, we conducted a survey last month which revealed how important it is for GrownUps members to retire from the comfort of their home.
It's no secret New Zealand has an aging population. As medical care improves, we’re living longer – on average, 80% of Kiwi men aged 65 can expect to live until they’re 90, and women until they’re 94. A longer life means a longer retirement, and a longer retirement means more spending.
Retirement should be a time to relax – whether this means finally getting around to that ...