Page 13 - PGA Community News - April '20

April 2020 April 2020 PGA C.A.N.!, Page 13

New Zealand from page 12

North Island is a great sailing area, and has a number Cruising the
of interesting sights. The seamen from whaling ships southern part of the
gave the town of Russell its notorious reputation. It was Southern Alps, one finds
at Wiatangi where the treaty was signed by the Māori the fjords of the South
chiefs that gave Great Britain control of New Zealand. Pacific … just like
Manginangina National Park is not far from Paihia. This those in Norway, with
is where the huge Kaori trees grow…they are about the hanging glaciers and
same size as our California giant redwoods. magnificent waterfalls.
Wellington, the national capital, is on the south end Numerous hiking trails
of the North Island. From the hilltops that surround the snake through the area.
city, there are tremendous vistas of Cook Straight, which The Milford Trace is
separates the two main islands of the country. A unique the most well-known of
architectural structure, affectionately known as the “Bee these tracks. The craggy
Hive,” formed the addition to the original parliament cliffs that circle the
building when space for an addition wasn’t available. southwestern end of the
Located on the city’s waterfront is “Te Papa,” New island are reminiscent
Zealand’s national museum. of those along the west
New Zealand’s South Island is about the same size as coast of Ireland.
Florida, and like our state, has white sand beaches lapped Gold was found
by beautiful blue waves. However, unlike our state, the in New Zealand near
island reaches over 12,000 feet, less than 25 miles away Arrowtown at the
from the seashore. The Southern Alps run for 500 miles same time as our
along the island’s western shore and got their name from great California rush.
their rugged counterpart located across the southern part Queenstown, lying
of Europe. It was here where the late Sir Edmond Hilary just to the south, has
trained for his climb of Mount Everest in Nepal. Mount become the “Aspen” of Peak in Milford Sound
Cook, New Zealand’s tallest mountain, is touted as the the alpine skiing area.
world’s tallest. Its 3,754 meters must be climbed from sea In addition to being the ski capital, the area is the home of Checkerboard fields, separated by hedgerows and
level, unlike Mount Everest, where base camp is more bungee jumping and jet boat rides on the rushing waters stone fences and reminiscent of the Canterbury plains of
than half the way up. that wind through the canyons. England, are located near Christchurch. The city carries
the reputation as the most English city outside of England
because of its Anglican foundation. Here you can go
punting on the Avon River or watch children as they walk
When you retire, your life changes in many ways – and so from school in their shorts, knee socks and beanies.
do your finances. One of the biggest changes is that instead
of contributing to tax-deferred retirement savings plans that New Zealand on page 14
reduce your taxes, you’ll start tapping those savings for
income and paying taxes at your regular rate (unless you’re
tapping a Roth account) – not the preferential capital-gains
rate reserved for stocks and bonds held in taxable accounts.

Reconsider your retirement account contributions, and
increase them, if possible.
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and protect your financial future.

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You may have a general goal in mind when it comes
It is Tax Season! to retirement, but you need a specific plan for effective
savings. Reassess your retirement planning goals annually
You should be looking at your taxes as and prioritize spending needs based on what will make
you happy and comfortable. Create a budget for early,
part of Retirement Planning. middle and late retirement, taking into consideration
different expenses for each stage. Don’t fool yourself that
Did you know that the average cost of life in retirement will be less expensive than now. Did
healthcare for a couple in retirement you know that the average cost of health care for a couple
is close to $300,000? Don’t you think in retirement is close to $300,000? Don’t you think that
health care and Long-term care is something to plan for?
that health care and long-term care is We are here to help!
something to plan for?
We are here to help! Buying or Selling?
Taxes don’t stop when your paycheck does. In fact, We look forward to hearing from you at: Jack knows
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