Her Magazine is New Zealand’s only women’s business lifestyle magazine! Her Magazine highlights the achievements of successful and rising New Zealand businesswomen. Her Magazine encourages a healthy work/life balance.
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Other income sources Investments – any saving is good saving. • • Work - yes, many people over 65 work, but you cannot rely on your health to allow you to keep working forever. • • A small business, often at home, can generate some useful cash flow. Remedial teaching, consulting, doing locums, working part time for the people who bought your farm/business, giving a business owner a break, mentoring younger people starting out in business, and many others. • • • • • • • • Rent out your spare room. Convert your sleep-out into a rental flat (but watch and live in one and rent the other out. Go fruit picking in season, e.g. Kerikeri, Nelson, the costs). Sell your house and buy two units (for the same price) Alexandra/Roxburgh, Katikati, and Hawke's Bay. Rent out your house and do live-in property Raising more cash Subdivide your property if possible. Eat your house - we have seen many people age 77 to 84 move to a smaller/cheaper house for many reasons, and this often releases some cash. * * * * * * Top Tips To Remember "Cash flow is king" before and after Embrace the excitement, enjoy the ride and trust that we will step in if things don't go as planned. FACT: LIFE IS UNPREDICTABLE – IT'S A GOOD THING BRAVE customer (Hellen) recalls – "I did not comprehend my surroundings nor recognise my own pyjamas!" In hospital, digesting the diagnosis of a terminal malignant brain tumour, Hellen reflects in awe at the arrangement of flowers "an unexpected gift" at the side of the bed. From us – a considered gesture of compassion for her situation and a reminder that she had our support in her upcoming journey. management, house sitting, and/or travel for 6 to 12 months. Hellen was coping with impaired cognition, and struggling to come to terms with the traumatic impact that the situation would have on her family. Her insurance plan wasn't an added concern … and she knew that it needn't be. retirement. Any saving for retirement is good. Don't be put off by the huge figures on Over the next few weeks, as visitors in the ward, we expedited the insurance settlement, referred an investment advisor, ("treated me like a trusted friend") and allowed our client to focus her energy on where it was needed – her family. Sorted.co.nz. Kiwisaver is good, but more saving would flow and your general disposition. Don't rely on your health allowing you to work forever. Alan Clarke Alan Clarke is the author of a new book entitled "Retire Richer" - a practical guide for everyone age 25 to 85. Alan is an Authorised Financial Adviser (AFA) and his disclosure statement is available on request and free of charge. It was as simple as that for us – relieving the load of unnecessary stress in unpredictable times. be better. Working past 65 can be good for your cash Hellen's insurance payout enabled her to invest for her children's future and make choices about her treatment and care. "Words simply fail me. I cannot speak highly enough of Tania and Dean and the insurance products they sell." With BRAVEday on your team, you can dive into life knowing that your parachute will be up before you hit the ground!