OPINION: Retirement is not like it used to be. People are living longer, investment returns are lower and there is much more uncertainty in the world in just about every sphere you can think of.
New strategies are called for to deal with these changes. Retirement should be the best stage of life – a time when you can enjoy life to the max, free of worry. However, many retirees make mistakes with managing their money which mean they aren't able to achieve the kind of retirement they deserve.
A 65-year-old can now on average expect to live to around 90 and many will live longer than this. If you want to last 30 or so years to be the most extraordinary time of your life, here are the key mistakes to avoid.
from
http://www.stuff.co.nz/business/99838334/Avoid-these-pitfalls-to-improve-your-retirement
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