Rich Enough? by Mary Holm
Throughout 2019 and 2020, we’ll be publishing extracts from Mary Holm’s bestselling book on saving and investment, Rich Enough? A Laid-Back Guide for Every Kiwi. Mary is the author of six books on personal finance. She is a Qantas Media Award-winning columnist known for her personal finance column in the Weekend Herald and regular appearances on National Radio and is a director of Financial Services Complaints Limited and a former director of the Financial Markets Authority.
We have three copies of Mary’s book to give away. Email email@example.com by 18 October 2019 if you’d like to go in the draw. Put “Rich Enough?” in the subject line and include your name, membership number and courier address.
Rules of thumb on retirement spending
In this first extract, Mary presents some rules of thumb on retirement spending, answering the question: How much are you likely to want for regular spending in retirement?