Reading Round Up

Time to improve paltry interest rates on children’s savings accounts (UK)
Children born this year may have to wait until 80 to receive their state pension, yet most financial institutions are doing nothing to encourage them to save.

First Person: I’m Raising My Retirement Age to 70

I’m one of those people who likes to work, so I don’t think that I’ll ever stop completely, but I have always planned on being retired by the age of 65. Of course, I would love to retire much sooner, but 65 has always been that magic number for me.

The Real Cost of the Lottery (USA)
Some winners dream of being free of work forever. Calculating the cost to do that is tricky. Say you’re 30 and need $100,000 a year to live comfortably.

NZD hits six-month high against Oz dollar
The New Zealand dollar hit a fresh six-month high against its trans-Tasman counterpart after Australian government figures showed an unexpected trade deficit in February.

Mortgagee sales: Customers revolt
Banks are facing a customer revolt as disputes over mortgagee sales reach record levels.

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