:saving for a sunnday day
Saving for a Sunny Day
Would life be a lot easier if we knew what was around the corner?
Although very blunt, it's very true when it comes down to figuring out how much we need to save for our future. We can look at
probability charts and check our family's genealogy and medical history but we can never know for certain when we are going to die. This makes
it difficult to know how much we should plan to save for retirement; a pension alone is not enough to survive on. We need to decide ourselves
how long we need our money to last us in retirement. Once we decide this, we can sort out an investment strategy and retirement savings
strategy. We have collated advice from around the net to help you with your planning.
www.superlife.co.nz
Our top 10 picks of activities to look
forward to in retirement
Top 10 businesses for retirees to
startup
• Travel (learn a new language)
• Making and completing a bucket list
• Joining a club – motorcycle, painting, gardening, bowling
• Throwing more parties
• Hiking a nature trail
• Reading books all day long
• Experimenting with different foods
• Getting adequate sleep
• Meditating
• Volunteering for a cause you feel passionate about
Source: www.earlyretirementextreme.com
• Consultancy firm
• Professional speaker
• Online business
• Bed and Breakfast hospitality business
• RV/Camping organisation
• Property management
• Pet sitting
• Catering
• Blogging
• Online jurors
Sources: www.howstuffworks.com, www.inc.com
30 | www.hh e rmagaznn ec c o. n z
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