Life savings – swapping the B-word for the F-word

We are the (ageing) champions! (Image: Depositphotos)

Tue, 25 Jan 2022

What if the conventional bucket list now starts with the letter F, and not B, for some of the population?The conventional bucket list full of Bs involves a group of activities or achievements that a person hopes to achieve in their lifetime, traditionally summed up in New Zealand as: “The boat, the bach and the Beemer [BMW]” The F version has more Freddy Mercury about it, as in “I want it all, and I want it now” and having the financial firepower to achieve it.We have an ageing population that has seen an unpre...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Stay informed on business, government and financial developments across New Zealand.
Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].interval) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Technology

China officials discuss option of TikTok sale to Elon Musk

Beijing’s leaders have denounced US ban threat

The Wall Street Journal 8:57am

Retail

Price shakeup for cigarette brand

Cigarette prices typically go up each year. Not in this case.

Oliver Lewis 5:00am

Du Val

Best of BusinessDesk: Du Val investor's $150,000 stake

“They want sophisticated investors … I was neither."

Garth Bray 5:00am

Best of BusinessDesk: Du Val investor's $150,000 stake

Sponsored

Why Kiwis are embracing Bitcoin ETFs

The once hard-to-access investment option is becoming mainstream.

Smart

Sponsored

The AI tech revolutionising safety in high-risk NZ workplaces

Around forklifts and machinery, Viewtech detects danger instantly.

Viewtech

More Economy

Economy

Westpac records soft December retail spending

Despite a slight lift, Westpac data points to a soft end of year for household spending.Westpac’s retail tracker, released on Thursday, showed spending on Westpac-issued credit and debit cards was up 2% in December compared to last year. Westpac senior economist Satish Ranchhod...

Staff reporters 10:20am