# Gap Bridge करना: NZ Super से पहले Income
अगर 65 से पहले retire होने का plan है, एक problem है: NZ Super 65 तक शुरू नहीं होती। Income gap कैसे bridge करें?
Gap Problem
Example:
- •Retirement age: 60
- •NZ Super start: 65
- •Gap period: 5 years
- •Annual expenses: $50,000
- •Total gap funding needed: $250,000
यह significant amount है जो 65 से पहले available होनी चाहिए।
Strategy 1: KiwiSaver Early Withdrawal
Eligibility
65 से पहले KiwiSaver access कर सकते हैं अगर:
- •Significant financial hardship - लेकिन limited है
- •Serious illness - Terminal illness या permanent disability
- •First home purchase - लेकिन retirement के लिए नहीं
Regular early retirement के लिए, 65 से पहले KiwiSaver access नहीं कर सकते।
Implication
अगर 60 पर retire होना है, आपकी KiwiSaver 65 तक locked है। Bridge period के लिए separate savings चाहिए।
Strategy 2: Personal Savings और Investments
Liquid Savings
सबसे straightforward approach:
- •Separate savings account build करें
- •Target: Bridge years × annual expenses
- •Example: 5 years × $50,000 = $250,000
Investment Portfolio
Longer bridge periods के लिए:
- •Shares और managed funds
- •Gradually draw down कर सकते हैं
- •Tax implications consider करें
Calculation
Bridge Amount Formula:
Gap years × (Annual expenses - Any other income)
Strategy 3: Work Income
Part-time Work
Semi-retirement से:
- •Needed savings reduce करने के लिए income provide
- •Social connections maintain
- •Full retirement में ease transition
Consulting या Freelance
अगर expertise है:
- •Flexible schedule
- •Good hourly rates
- •Gradually taper कर सकते हैं
Seasonal या Casual Work
- •Tourism industry
- •Busy periods में retail
- •Event-based work
Strategy 4: Rental Income
Investment Property
अगर आपके पास है:
- •Regular income stream provide करती है
- •65 के बाद भी continue हो सकती है
- •Capital gains भी हो सकते हैं
Considerations
- •Management responsibilities
- •Tenant issues
- •Maintenance costs
- •Fully passive नहीं
Strategy 5: Home Equity
Downsizing
अगर family home में हैं:
- •Sell करके smaller property खरीदें
- •Bridge period के लिए capital release करें
- •Lower ongoing costs
Reverse Mortgage
- •Home equity के against borrow करें
- •Sell या death तक no repayments
- •Interest compounds
- •Inheritance reduce होता है
Considerations
Home equity options:
- •Many के लिए last resort
- •Irreversible decisions
- •Family और advisers से consult करें
Comprehensive Bridge Plan
Step-by-Step Approach
Example Calculation
| Factor | Amount |
|---|---|
| Retirement age | 60 |
| Years to 65 | 5 |
| Annual expenses | $50,000 |
| Part-time income (60-65) | $15,000/year |
| Net annual need | $35,000 |
| Total bridge fund | $175,000 |
Timing Considerations
50 पर Starting
अगर 50 हैं और 60 पर retire होना चाहते हैं:
- •Bridge fund build करने के लिए 10 years
- •Need: $175,000
- •Monthly savings needed: ~$1,200-$1,500 (returns पर depending)
55 पर Starting
अगर 55 हैं:
- •Build करने के लिए 5 years
- •Need: $175,000
- •Monthly savings needed: ~$2,500-$3,000
जितना later start, उतना harder।
Key Takeaway
65 से पहले retire होना possible है, लेकिन separate bridge fund जरूरी है क्योंकि KiwiSaver 65 तक locked है। Early plan और save करना शुरू करें, और part-time work और downsizing जैसी strategies consider करें needed savings reduce करने के लिए।
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