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Familiar characters help oldies manage their money

Sergeant Dan the Cremota man, Goodnight Kiwi and The Dollar Man are here to help the retired manage their money.

Monday, May 17th 2004, 6:13AM
The Retirement Commission has launched a programme called 60plus, to help New Zealanders plan their finances as their lifestyles change from full time work.

The programme, within the commission's Sorted website, has been created to help people contemplating retirement or already in retirement, work out how much income and expenses they can expect as they move out of fulltime work, how much their nest-egg amounts to, and how they want to manage it over their retirement years.

“A whole generation of New Zealanders are preparing themselves for a new lifestyle as they cut back on, or retire from, work,” Retirement Commissioner Diana Crossan says.

“People have put a lot of effort into building their nest egg over their lives, and many have told us that they are concerned about outliving their savings. They want help to manage their finances effectively and to help make them last,” she said.

“Managing your finances when you’re semi-retired or retired can be a complex, time consuming process. There are lifestyle, financial and legal factors that need to be considered over what can be 20 years or more. 60plus offers information and very sophisticated calculating tools so people can work out their budgets, investment strategies, and how to manage their savings and any other income over their retirement years,” Crossan says.

60 Plus uses fondly remembered New Zealand icons such as Sergeant Dan, The Dollar Man and more recent characters like the Goodnight Kiwi and the Eta Nutto help get the messages across.

“For the promotion of 60plus we’ve engaged some familiar characters from New Zealand’s past, who now like the audience, have reached the stage where they’re thinking about how to manage their finances in retirement."

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