Australians are good at accumulating savings for retirement but they are not so good at mapping out the best way to spend their savings once they retire.
Ayesha Scott, Auckland University of Technology dan Aaron Gilbert, Auckland University of Technology
A new study by the Retirement Commission has identified the different personality characteristics that influence how we manage our money – you can test your own with their online quiz.
College savings plans – known as 529s – can be effective for certain families. Still, it pays to know the ins and outs of how the plans work, an expert says.
Claire Dale, University of Auckland, Waipapa Taumata Rau
Old age poverty is looming for thousands of New Zealanders who are going into retirement without a house, without savings and facing high costs of living.
Robert Breunig, Crawford School of Public Policy, Australian National University; Kristen Sobeck, Crawford School of Public Policy, Australian National University, dan Peter Varela, Crawford School of Public Policy, Australian National University
It would be a mistake to think that just because higher earners face higher tax rates, that’s what they pay. When it comes to income from savings it’s the other way around.