Kerre “party girl” McIvor fears retirement and poverty

Occasionally, when I pick up the tab for younger colleagues or friends, they remonstrate with me. “No, no,” they say. “Let’s divide the bill equally.”

“Leave it,” I say. “It’s a form of compulsory saving. When I’m old and living in a council flat and sharing cat food with my moggy for dinner, pay me back then.”

I’m only half joking. The thought of being old and poor terrifies me – but only now that I’m getting older.

When I started work at 17, I didn’t give retirement a thought. I’d only just started my working life. I was more concerned about getting through my probationary period as a reporter and surviving on the pittance I was paid, than about planning for life in my 60s and 70s.

When I decided it was time to woman up to my responsibilities, I was lucky to land a great job. The Irishman and I gave up the drink and devoted ourselves to paying off the mortgage as quickly as possible.

As much as it pained me, the bulk of our combined salary went on eye-wateringly dull things like mortgage repayments and income protection and insurance.

When you have family to look after and you finally accept that one day you may indeed be old, you do what’s right and sensible.

But even now, I have no idea how to plan for the retirement I want. My dad died at 60. My maternal grandmother lived until 99 and my mother shows every sign of following suit.

So what do I do? I’ve turned 50. Do I keep working for as long as I can, husbanding my resources, in case I’ve inherited my grandmother’s longevity?

Keep working.  Or, do the other thing.  Get married to someone who keeps working.  Oh, you did?  Well then.

Kerre-and-Tom-Were-surrounded-by-love

And you better look after him, because you’ve gone to seed, just like any other TV personality that hits radio.

Even if I’m not in full time work, I hope that when I hang up my headphones on the radio I can find interesting jobs to do on an ad hoc basis, jobs that will let me interact with all sorts of people and give me gin money but not jobs that will interfere with travelling and looking after future grandchildren.

The unpalatable truth though is that if I wanted to have a retirement of choices and freedom, I should have planned for it 30 years ago. I just have to hope that the largesse shown to my young friends will pay off in the future

Did Kerre sign a prenup?  Surely Mr McIvor won’t let her spiral down into poverty and neglect?

Her angst seems rather fake to me.  Unless she’s not telling us everything.

 

– Kerre McIvor, NZ Herald

 


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  • Chris Bell

    And anyone really cares about this see-through ‘celebrity’? – I’m crying crocodile tears for you Kerre

  • NahYeah

    Has she started her “Give a Little” page yet?

  • sarahmw

    Would think she had good kiwisaver nest egg building up and a tidy income too. Hubby earns well I would think. Would she get $100k in hand and hubby $80/90k. A nice income methinks. I doubt she would be poverty stricken. Typical leftie trying to be a poor person oh dear.

  • venator

    Give the Girl a “Fair – Go”.
    She needs a tad of drama to keep herself current.

  • sonovaMin

    I know many people who have been high earner who are in the same boat. All they have is their house.

  • Keanne Lawrence

    Who? What? What an insecure, insincere dame. Wish I could find a rich widow as easily as woman find a new bankbook. Lol

  • Plantagenet

    Kerre is a well paid broadcaster who lives in one of the priciest parts of Akl and has one, grown up child. If she ends up poor and living in a council bedsit in her seventies it will be because a huge catastrophe has devastated society (always possible) or she has stuffed up big time.

  • JEL51

    Seems rather fake to me too. Funny, how those who can talk on&on endlessly never really have anything worthwhile to say.

  • duve

    Most people can enjoy the odd drink in moderation and still pay off their mortgages. If you have to give up the drink in order to do that, you must have been drinking an eye-watering amount. Maybe in that case the retirement problem will solve itself as health issues kick in.

  • The Accountant

    I quite like Kerre. I suspect her musings are nothing more than that, musings. Plantegenet below is right. Her readers would get tired of her pretty quickly if she went on about how she will never have to worry about finances in her retirement cause shes got it sorted. Tall poppies and all that.

    • Mav E Rick

      I like her also but that Mark guy she is on the radio with doesnt add any value and to be truthful devalues her “brand”. She would be better off just on her own.

      • Miss Phit

        Yep. He seems like an addition to “her” show just to create some sort of balance. Funny how singular hosts seem to be becoming a thing of the past.

  • Martin

    The wall is unforgiving and the more accustomed women are to borrowing against youthful beauty, the bitterer they get when suddenly everything they say is not interesting and all the good men who used to pick up the tabs and rent seem to have gone.
    That explains why unmarried women drift left with age and men drift right.
    Added: I quite like Kerre too, this isn’t aimed at her.

  • Sailor Sam

    You worry to much.
    I retired at 57, 10 years ago and lived of our savings till I turned 65, when the NZ super started. My wife now also gets the NZ super.
    With our own savings and investments, plus NZ super and owning our own home, we have enough money at current expenditure levels to last us till we are 85.
    And as you get older, your monetary requirements reduce, so that the money will last longer.
    As it is we have recently lost one friend at 59 years of age from cancer, 3 more are suffering demnture and have no quality of life and one other has died after suffering alzheimers for 3 years.
    Our motto is – live now and let the future take care of itself.
    A lot less stress that way and we are enjoying life.
    Our families would not believe that we travelled around Europe 2 years ago and we just had $30,000 in the bank, but did we worry,? No!

    • Nige.

      Hear hear. I had a mate die recently. 2 years ago. He agonised over what he ate and drank. Then 12 weeks….gone.

      To hell with that.

      Save enough to be responsible but make sure you have enough to LIVE.

  • Nige.

    [MOD] We are clearly getting soft.

    Please don’t put good comments below like this at risk because of one word.

    • Miss Phit

      Fair enough. Ill be a bit more careful in the future and try to find “better ways” to phrase things. Thanks

  • Duchess of Pork

    Most of us don’t give retirement a thought when we’re 17 either Kerre. But there’s not many of us that hit 50 and say, as you did in your first Herald column of the year, “I choose to spend any disposable income on experiences and charities rather than things and stuff.”

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