Page 3 - Newsletter November 2020_Neat

Affording Retirement
Flat Whites
If you want to afford a comfortable retirement,
a rental property can help you get there, says
Barfoot & Thompson director Kiri Barfoot.
(Article from Juno Investing)
I’m not that different to most Kiwis - I
want to retire well. And I bet you do,
too.
When I give up work, I don’t want to
be that person who won’t go to a café
for a coffee. I don’t want to have to
stay at home and boil the jug for an
instant coffee.
I don’t want to recycle tea bags.
I want to be able to afford to put my
heat pump on, and not have to sit in
bed all day because it’s too cold in my
house.
We forget, you know, those of us who
work in an office, that when we come
to work, it’s all nice and warm.
But when you’re retired, you’re mainly
staying at home and you might have
an old, cold house.
Looking to buy? Let’s talk through your options!
Chris 0274 960 959 c.grantham@barfoot.co.nz
Karen 0272 961 449 k.mcgehan@barfoot.co.nz
Your power bills are probably going to
be higher because you’re home all
day, and you might feel you have to
economise.
I’m fortunate that I was raised in a
family of experts in property
investment, and I’ve invested in
property myself.
For many Kiwis, property can be a way
to create a financial buffer, and we’ve
just seen that sometimes you urgently
need one.
Owning a rental property as you start
to approach retirement gives you
options.
The share market does give you a
good return, but you could also lose -
it could go down. I find that property
doesn’t tend to go down as
dramatically, and it doesn’t matter that
3