AMP Capital Briefing for Authorised Financial Advisers - 30/06/2016
According to Westpac Massey University Fin-Ed Centre An Auckland couple would need to have a combined $552,000 in their KiwiSaver funds to have some choices in their retirement, based on the spending of today's retirees.
Over the break, the NZ Herald ran an article on Be resolved to get financially fit. Key points in the article include:
The article we really didn't want to post...
As you know, we like to follow Economists that aren't afraid to stand out from the masses and present their own, extremely well researched, opinions.
Now World leading International Economist Andrew Hunt epitomises the above and writes a monthly newsletter on the state of the world from an economic, and therefore investment, perspective.
We know he has a bearish view of the world and we follow him with interest (both in workshops and in print) with this in mind.
Turning a lump sum into a smooth income
The FMA released a survey of New Zealanders approaching retirement has found one in four people are unsure of how to manage the money in their KiwiSaver funds when they reach 65.
The Commission for Financial Capability (CFFC) and the Financial Markets Authority (FMA) chose Money Week to release the second wave of research into how well older New Zealanders are preparing for retirement.
Have you checked up on your KiwiSaver lately?
The Financial Markets Authority (FMA) is encouraging New Zealanders to consider during Money Week (31 Aug - 4 Sept 2015).
They are asking us to answer five simple questions to make sure that we are tuned in to our KiwiSaver investment.
World leading International Economist, writes a monthly newsletter on the state of the world from an economic, and therefore investment, perspective.
We are fans because Andrew:
- Has an opinion
- Does not regurgitate the same view as the bulk of the media
- Supports his view with research and evidence that many others don't seem to undertake
Beware! Andrew's views are not for the feint hearted.