Only men and women in the culturally work-obsessed Japan and South Korea, and the Latin American countries of Mexico and Chile, have a later “average effective” retirement age, OECD data shows. The average effective age of retirement in New Zealand is 69.8 years for men, and 66.4 years for women, the OECD says. WORK TIL YOU DROP “Never,” is septuagenarian farmer John Dickson’s blunt response to when would be his optimal age to stop working. “Working keeps me alive. I get up in the morning, and I have a purpose,” he says. “I have seen so many farmers retire, buy a nice house in town, and get bored because they have nothing to do, and they die.”
As everyone is packing up the car, the kids and the dog for the holiday house, it reminds us of the work involved with heading off to the beach. A number of Kiwi families will be looking closely at their favourite holiday beach place this summer, maybe with some extra pennies in their pocket, you will be considering investing in a beach house.
Cowdy Real Estate/Supplied
Cities like Auckland, Wellington and Christchurch all have attractive coastal suburbs not too far away from the CBD. But before you do this, it might be worth considering another option, and that is to buy a main home at a coastal suburb, in the city you live, which has a good beach lifestyle. We’re lucky in New Zealand that the main cities like Auckland, Wellington and Christchurch all have attractive coastal suburbs not too far away from the CBD.