The one thing the experts can all agree on is that the best time to start planning for your retirement is today. Good things take time, and a retirement plan covers so many different aspects from financial considerations to health, relationships and social connections. We hope you’ve found this year’s retirement special helpful in breaking down the different aspects – they don’t have to be daunting subjects to talk about. To finish our series, we’ve got some top tips from Kiwi experts who have seen it all when it comes to retirement and are here to help you put your best foot forward!
Timing is crucial in retirement – plan the best years to have fun!
EXPERT ADVICE: Hannah McQueen, Financial Expert from EnableMe – Financial Personal Trainers
“Typically, your best retirement years are 65-72,” tells Hannah. “This is when the fun is going to happen because you’re still young enough to enjoy life.
“After that, your age starts to become a barrier to your options, either because you have run out of money – so you don’t have enough income – or because your health is not what it once was. “Plan to enjoy life. Design your retirement so you are working with the options to create the most you can with the time you have left. Money becomes a huge part of this process, so take ownership of your finances or get help to do so. Living a good life is about being in control of your money. Looking after your money is looking after you.”
Get your finances in order, now!
EXPERT ADVICE: Diane Maxwell, Former Retirement Commissioner
This story is from the September 16 2019 edition of New Zealand Woman's Weekly.
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This story is from the September 16 2019 edition of New Zealand Woman's Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
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