Sunday, December 22, 2024
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Retirement

Leave New Zealand Super alone!

New Zealand Superannuation is the best protection against longevity risk, and we allneed a good NZS system. It is quite possible that, despite the introduction of KiwiSaver, younger cohorts will need NZS just as much, if not more, than older cohorts, because of lower homeownership, lower wage growth, less...

Premium aged care unaffordable for many

Aged care residents live in one of two very different worlds. Those who can (for the moment) afford thousands of dollars to pay for rooms with ensuites and garden views and those who can’t. If the nearly 40,000 Kiwis’ living in aged care facilities all lived in one place, the...

Ryman celebrates 40 years with village-wide birthday events

Ryman Healthcare marked a major milestone this week, celebrating its 40th birthday with a series of events held across its villages in Australia and New Zealand. Residents, team members, and guests came together for a variety of activities, including an ‘80s-themed Happy Hour held at each village on 19...

How are you funding your retirement?

There’s a lot to look forward to in the lead up to your retirement. But like most things in life, it pays to have a plan. Approximately 40% of retired New Zealanders rely on superannuation alone to fund their retirement. The rest use their savings and other sources of income...

Urgent call for revised seniors driving licence procedures

Thanks to all who contributed to our research on what is happening nationwide for those aged 75 and older seeking a Medical Certificate to renew their licence. Your participation ensured that the initial interview on Nine to Noon was followed by 4 radio interviews and a TV interview, plus...

Powers of attorney

Enduring Powers of Attorney (EPA) allow a person to make choices for another when they are deemed to lack the capacity to make rational decisions. Ask around for the best deal. www.justice.govt.nz/family/powers-to-make-decisions/the-court-and-enduring-power-of-attorney-epa/ Not having a power of attorney can mean upsetting consequences such as a longer hospital stay. Older people have waited...

The Rates Burden – Part One

If central government increased taxes at a rate greater than inflation every year for 20 plus years – there would be rioting in the streets – but that is what central government encourages local governments to do – every year. As the country’s demographics change and the population ages, new...

Leo’s rewarding role: Serving his community in retirement

When former NZ Police Road Policing Manager and Hamilton City Councillor Leo Tooman, decided to retire, it wasn’t long before he found the perfect part time job. After a career spanning 48 years with the former Ministry of Transport and then NZ Police, during which time he received recognition for...