Carly Flynn's recipe for retirementPosted to Financial Capability on 17-11-2015
There are just a few days left to enter our competition to win an iPad and a full financial plan, worth up to $3,000.
Tell us how you are preparing for your retirement, both financially but also with an eye on your health, wellbeing and fun.
Imagine you’ve got a survival kit: what ten things would you put in it to help you enjoy a comfortable retirement?
Broadcaster and columnist Carly Flynn has come up with her list, to give you a little inspiration.
1. Get back to basics. I find FOOD to be our biggest family expense outside of the mortgage and have really started to concentrate on planning my meals and getting that bill down. Makes me feel more organised and resourceful, with less waste of food and money at the end of the week.
2. Plant a vege garden. There's nothing better than making something from scratch when the pantry is bare!
3. Prioritise. Make more time to do the things you love, rather than the things you should be doing. I schedule appointments for just that into my diary.
4. Pay, pay, pay down your mortgage. I have a healthy Auckland-sized mortgage (read enormous), and am currently working with my bank to pay it down as quickly as possible.
5. Make sure you're getting the $521 government subsidy for KiwiSaver. I'm a little torn between paying down the mortgage and saving for retirement, so I try and do both. Using the retirement calculator on www.sorted.org.nz you can find out just how much (or little) you're on track for living the kind of lifestyle post work-life you want.
6. Do what you love, and find better ways to do it. I think there's a real shift in the job market with technology that allows us to do things differently now. Whether it's being able to work flexitime, or remotely, or creating something you love online. The most successful and happy people I meet are doing jobs that don't feel like work.
7. Keep learning. I recently stepped back into the classroom after almost two decades and found it has expanded my mind in such wonderful ways.
8. Plan, plan, plan. I like routine and I like to have goals. It's that old adage, fail to plan, plan to fail.
9. Enjoy the simple things. For me, a coffee in the sun, a walk through the bush, a giggle with my kids, a good book or recipe. Be present and in the moment and it's amazing what pleasure you can get from little things.
10. One of my MOST important things: do something physical every day. I love my yoga, pilates and walking, even if it's just the kids to school. Connect with nature and yourself, to stay in tune with how you're really feeling.
The competition closes on Monday 23 November. The financial plan and two runner-up prizes of financial health checks, valued at up to $750 each, have been provided by the Institute of Financial Advisers.
Send your entry to firstname.lastname@example.org
For the competition terms and conditions click here.
Next: A train ride conversation about wills