Is NZ Super enough to fund a comfortable retirement?
It is no secret that New Zealand has an aging population, and funding a dream retirement lifestyle is no longer possible on NZ Super alone.
Heartland Reverse Mortgages awarded Consumer Trusted accreditation—five years in a row
We are pleased to announce that Heartland Reverse Mortgages has been awarded Consumer Trusted accreditation for five years in a row.
Living in retirement: what are my options?
Retirees have a number of different options when it comes to their living situation – here are some of the most common ones.
High house prices present opportunity for retirees to manage increased cost of living
Retirees who are struggling to ends meet may find that the booming housing market could be a solution – without them having to sell up.
Overwhelmingly positive feedback – Heartland Reverse Mortgage 2020 survey
We have collated feedback from customers who drew down a loan in 2020, and are thrilled to share the results.
Are increasing costs putting a strain on your budget?
For many, funding a comfortable retirement is no longer possible on NZ Super alone. Here’s a how a Heartland Reverse Mortgage with a regular advance could help.
Global equity release market set to triple by 2031
International research published by EY predicts that the global equity release market could more than triple over the next decade.
Heartland Reverse Mortgages recognised for commitment to customers
We’re excited to announce Heartland has been awarded Consumer Trusted accreditation for the fourth year in a row for its reverse mortgage product.
Here’s one way to fund a more comfortable retirement
With the rise in living costs and an aging population, many Kiwis are struggling to fund the retirement lifestyle they have always desired.
96% of customers satisfied with a Heartland Reverse Mortgage
The overall response for those who took out a Heartland Reverse Mortgage was overwhelmingly positive, with 96% of customers responding they were either very satisfied or extremely satisfied.
Mortgage deferral isn’t the only solution for older Kiwis
The Reserve Bank’s extension of the mortgage deferral scheme from 27 September 2020 to 31 March 2021 may only result in relief for some borrowers.
New challenges for retirees in post COVID New Zealand
Many Kiwis are retiring without the funds they need to support their dream lifestyle. Post COVID-19, this trend is expected to continue.
Key findings from retirement income policy review
The 2019 Review of Retirement Income Policies debunked a few myths and recommended how the government can better prepare people for retirement.
How low can you go?
With the Reserve Bank of New Zealand dropping the Official Cash Rate to 0.25%, news coverage has largely overlooked the adverse effects on deposits.
Lower interest rates hurting retirees
In 2019, many retirees (who rely on the interest from deposits at banks) were shocked when the Reserve Bank of New Zealand reduced the Official Cash Rate by 0.50%.
What does retirement look like in the future?
The Retirement Commission’s triennial Review of Retirement Income Policies is currently in progress and is open for public submissions until 31 October.
Building value at its strongest in recent years
Building activity had its strongest quarter in three years, spelling good news for homeowners looking to free up equity through a reverse mortgage.
Mortgage-free no more?
With statistics indicating that the number of mortgage-free households is on the decline, Kiwis are beginning to question their spending.
The cost of living well
Listed for three years in a row as one of the top 12 countries in the world to grow old, NZ is a great place to retire – but it can be costly.
How to spot a phoney
Phones are still a popular weapon of choice for scammers. However, there are some simple steps you can take to protect yourself from scams.
Fraud Awareness Week
Scammers, fake charities and fraudsters are constantly thinking up new ways to trick you out of your money. Fraud Awareness Week aims to help.
Putting people first
Heartland supports NZ financial regulators’ initiative to ensure banks are focusing on good customer outcomes. Here’s how we’re contributing.
New retirees often find themselves surprised at the financial strain of retirement. What costs have surprised you the most in retirement?
Age of alchemy
With the age of retirement increasingly being postponed, seniors are earning for longer and putting more money back into the economy as a result.
Your personal care and welfare
Having a personal care EPA gives you peace of mind, knowing that you’ll have someone to take care of you if you can no longer care for yourself.
Do you have a will?
Ensuring you have a detailed, official will in place can offer peace of mind to you and your loved ones in the event that you pass away.
Future-proofing your home for retirement
Home is where the heart is, and many Kiwis want to retire from the comfort of their home. These renovation tips could help you future-proof your home.
Volunteering in retirement benefits all involved
With fewer Kiwis taking the time to volunteer, over-65s are becoming increasingly important to their communities
Expect the unexpected
Losing your decision-making ability is unnerving, but it’s good to be prepared. Here’s why it’s smart to create an Enduring Power of Attorney (EPA).
Is a Reverse Mortgage an option for your retirement?
Join us for afternoon tea and get the facts about how a Reverse Mortgage can help you in your retirement.
The grandparent connection
It’s no secret that grandparents play a vital role in their grandkids’ lives – here’s how to build the connection between the generations.
How will you fund your retirement?
There are many ways to fund your retirement. Our expert, Lisa Hatfield discusses reverse mortgages, a retirement tool that is often overlooked.
Train your brain!
Incorporating these simple steps into your life could help you in the fight against dementia and memory loss.
Retirees rely on state pension as savings run out
Most retirees will use up their savings in just 10 years and rely solely on the state pension after that, new research suggests.
Preparing ageing parents for retirement
Here are some simple tips to help you, your siblings and your parents prepare for retirement.