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New Zealand's pension system is heading for a cliff. In 1965, seven working-age people supported every retiree. Today it's four workers per retiree. By 2065, it'll be two workers supporting every person over 65.
The system was built for a different country with a younger population. Now we're trying to run the same pension promise with half the workforce to pay for it.
The usual answer is 'just lift the retirement age.' But that hits people with physical jobs hardest - tradies, builders, roofers can't work until 67 like office workers can.
Australia saw this coming and acted early. They made super compulsory at 12% contributions. Average Australian retirement balance: $420,000. Average Kiwi: $69,000. We did it at half speed.
The real problem? This was never about pensions - it's about whether people own enough of their future to make their own choices. The pension shouldn't be your whole plan, it should be your backup plan.
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
Get finance for your property development with Squirrel: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
Property investors get a bad rep in the media, but as someone who works in the property space, I think its a bit misguided, here's why...
Get finance for your property development: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
The greens have come out with a handful of new plans around property and whilst on the surface they may seem attractive, the reality is very very different, today I break it all down.
Get finance for your property development: https://funding.tpdc.nz/
Sign up to my FREE weekly newsletter to improve your finances: https://newsletter.thepropertydevelopmentclub.com/yt
Free guide to wills, trusts & passing down your wealth properly: https://wealth.thepropertydevelopmentclub.com/
Learn how to become a profitable developer in New Zealand at https://thepropertydevelopmentclub.com
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Straight talk on property, money, and getting ahead in New Zealand.
John Kenel has spent over 20 years developing property and 27 years investing in it. More than 1,000 homes built. On this show…