Retirement

Retirement sa 65: Realistic Pa Ba Ito?

6 August 2024-7 min read-By Jarrod Kirkland

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Key Takeaways

1Ang retirement sa 65 ay hindi realistic para sa lahat dahil sa longer lives, higher costs, at later life starts.
2Maraming modern options: phased retirement, working past 65, career change retirement.
3Ang NZ Super ay available mula 65 kahit nagtatrabaho ka pa - walang penalty.
4Maging realistic tungkol sa financial situation at adjust expectations kung kailangan.
5I-consider ang health at personal preferences, hindi lang ang finances.

Ang 65 ay traditional retirement age, pero para sa marami ito ay hindi na achievable o desirable. Ano ang mga modern realities?

# Retirement sa 65: Realistic Pa Ba Ito?

Ang 65 ay matagal nang standard retirement age sa New Zealand, at ito ang edad kung kailan nagsisimula ang NZ Super. Pero realistic pa ba ang pag-retire sa 65 para sa karamihan ng Kiwis ngayon?

Ang Changing Reality

Mas Mahabang Buhay

Ang life expectancy ay dramatikong tumaas:

•1950s: ~68 years
•2024: ~82 years

Ibig sabihin ang retirement ay maaaring tumagal ng 20+ years - mas mahaba kaysa sa past generations.

Mas Mataas na Costs

•Housing costs: Marami ang may mortgage hanggang 60s
•Healthcare: Tumaas ang costs
•Living expenses: Inflation impacts

Later Life Starts

Ang mga milestone ay nag-shift:

•Mas late na nagtatapos ng education
•Mas late na nagsisimula ng career
•Mas late na nagbibili ng bahay
•Mas late na nagkakaroon ng anak

Ang lahat ay nag-push ng "peak earning years" to later.

Ang Numbers

Retirement Readiness Statistics

•Halos 40% ng Kiwis ay worried na kulang ang savings
•Average KiwiSaver balance sa 60+ ay ~$50,000-$80,000
•Marami ang still paying mortgage sa 60s

What This Means

Para sa marami, ang retirement sa exactly 65 ay:

•Hindi financially possible
•Hindi personally desirable
•Kailangan ng adjustment

Modern Retirement Options

Phased Retirement

Imbis na biglaang stop:

•Gradual reduction ng hours
•Part-time work
•Consulting o freelance

Benefits:

•Continued income
•Social connection
•Mental stimulation
•Easier transition

Working Past 65

Maraming tao ang nagtatrabaho past 65:

•Financial necessity
•Personal choice
•Career satisfaction

Ang NZ Super ay available kahit nagtatrabaho ka pa - walang penalty.

Early Retirement

Para sa iba, ang 65 ay too late:

•FIRE (Financial Independence, Retire Early) movement
•Aggressive saving strategies
•Lower cost of living areas

Career Change Retirement

Imbis na full stop:

•Shift to passion project
•Start small business
•Volunteer work
•Teaching o mentoring

Assessing Your Situation

Mga Tanong Para Sa Sarili

1Magkano ang savings ko? - Kaya bang i-support ang retirement sa 65?

2May mortgage pa ba ako? - Paid off ba bago 65?

3Ano ang health ko? - Kaya pa bang magtrabaho?

4Ano ang gusto ko? - Stop completely o continue working?

5Ano ang options ko? - Flexible ba ang employer?

Realistic Self-Assessment

Kung sa 65:

•Hindi pa bayad ang mortgage
•Kulang ang savings sa $500,000
•Gusto mo ng comfortable lifestyle

Ang retirement sa 65 ay maaaring challenging.

Strategies Para sa Success

Kung Target Mo ang 65

1I-maximize ang savings ngayon - Increase KiwiSaver contributions

2Pay off mortgage early - Extra payments

3Reduce lifestyle costs - Practice living on less

4Build multiple income streams - Investments, rental income

Kung Hindi Kaya ang 65

1Extend working years - 67, 70, or flexible

2Consider phased retirement - Part-time transition

3Adjust expectations - Different lifestyle

4Focus on health - Para makapagtrabaho kung kailangan

The Government's View

Ang NZ Government ay may:

•Committed pa rin sa 65 retirement age para sa NZ Super
•Pero may mga discussions tungkol sa future changes
•Possible increase sa eligibility age sa future

Hindi ito sigurado, pero worth considering sa planning.

Key Takeaway

Ang retirement sa 65 ay achievable para sa ilan, pero hindi para sa lahat. Ang key ay:

•Maging realistic tungkol sa sitwasyon mo
•Magsimulang mag-plan ng maaga
•I-consider ang flexible options
•Hindi i-stress kung 65 ay hindi ang answer mo

Ang retirement ay personal - walang correct age para sa lahat.

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Frequently Asked Questions

Mawawala ba ang NZ Super ko kung nagtatrabaho ako pagkatapos ng 65?

Hindi. Maaari kang magtrabaho at tumanggap ng NZ Super nang sabay. Walang reduction o penalty. Ang NZ Super ay universal benefit para sa lahat ng eligible kahit may work income.

Ano ang average retirement age sa NZ?

Maraming Kiwis ang nagtatrabaho past 65. Ang effective retirement age ay often around 66-68, pero variable ito depende sa industry, health, at financial situation.

Realistic ba ang FIRE (retire at 40-50) sa NZ?

Possible pero challenging. Kailangan ng very high savings rate (50%+), low cost of living, at investment returns. Para sa karamihan, ang modified approach (semi-retirement, reduced hours) ay mas achievable.

Paano kung kailangan kong magtrabaho past 65 pero hindi na kaya ng katawan ko?

Kung health reasons ang issue, maaaring eligible ka sa other benefits. Consider also: career change to less physical work, part-time options, remote work, consulting, o teaching - mga roles na less demanding physically.

Disclaimer

The information on this website is for general guidance only and does not constitute financial or investment advice. Always do your own research and seek personalised advice from a qualified financial adviser or mortgage adviser before making financial decisions. All investments carry risk and past performance is not indicative of future results.