Page 3 - TGM_NOV20
P. 3
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 Your power bills are probably going to
want to retire well. And I bet you do, be higher because you’re home all
too. day, and you might feel you have to
economise.
When I give up work, I don’t want to
be that person who won’t go to a café I’m fortunate that I was raised in a
for a coffee. I don’t want to have to family of experts in property
stay at home and boil the jug for an investment, and I’ve invested in
instant coffee. property myself.
I don’t want to recycle tea bags. For many Kiwis, property can be a way
to create a financial buffer, and we’ve
I want to be able to afford to put my just seen that sometimes you urgently
heat pump on, and not have to sit in need one.
bed all day because it’s too cold in my
house. Owning a rental property as you start
to approach retirement gives you
We forget, you know, those of us who options.
work in an office, that when we come
to work, it’s all nice and warm. The share market does give you a
good return, but you could also lose -
But when you’re retired, you’re mainly it could go down. I find that property
staying at home and you might have doesn’t tend to go down as
an old, cold house. dramatically, and it doesn’t matter that
3
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
