Post deleted at 29 Nov 2009 5:10pm by archer

archer, since you are looking forward to buying cheap land, you obviously are aware that the "healthiest and most desirable" way of wealth creation is not skimming it off others through speculation or gambling, but creating it through your own savings - and that this obviously applies to the national economy as well.
So - while I wish you success in your search for reasonably priced land, I would like to draw your attention to the NZ Super Fund, at present designed only to help keeping NZ Super sustainable for baby-boomers, but shouldn't we also be concerned about our present NZ Super being available to the younger generations?
The present unemployment rate will be overcome the sooner we start to save and invest more in our own country, so - in expectation of creating & preparing for better things to come, what about joining KiwiSaving as soon as you get a job, and urge govt. to amend the NZSuper Fund into a permanent institution of personal accounts, available additionally to KiwiSavings, towards 1st home ownership investment, additionally to whatever other savings available towards that purpose by you?
This is not a "quick fix", but should raise our spirits for the long term view - and would be helpful to you and the country in the case of whatever other opportunities emerge earlier than in "the long term".

I will be 65 in july next year....can I apply for the NZ super? If so, how and where???? My husband is recieving a dutch war pension and we are retired.

Go into any WINZ office and check with them...youll need a birth certificate.

Thanks Silverfern....am a bit scared as they tend to poke into your private stuff and I have found them a bit intimidating!!! Will be brave! May as well have it if we can eh? Have paid enough taxes over the years! Thanks.

Greetings.........interesting comments and my take on retirement is that it is truely a financial decision today. Not like in my parents day.........One of the keys to retirement is cash flow, not assets, unless the asset is generating income for you.

Another key is to generate an income, and let's face it..we are living longer and sometimes not better........so look after your body and mind otherwise you'll have nowhere to live..........