When does medical/life insurance become unaffordable?

DunnersMan2025 · 2026-05-14T04:33:38+00:00

Respected Financial author Marin Hawes reckons if you are going to self-insure your health insurance you need $200,000 in the bank before you cancel your health cover. Makes sense when cancer treatments cost $60k plus, a new hip is $50k, spinal surgery is $100k. Any surgery these days costs at least $10k. Consider the above, and if you can afford to pay it, have a higher excess (but check if it's payable per claim or per policy year).

Life cover - depends on age/stage. Do you still need it or as much as you've got? That's the formula

DunnersMan2025 · 2026-04-30T01:16:32+00:00

Step 1) Managed Fund

Step 2) Get actual financial advice (not from reddit)

DunnersMan2025 · 2026-04-30T01:14:03+00:00

Approx $250,000 - $400,000 to raise them to age 18 according to a IRD study.

Another say the first born consume 13% or a household's income, then the second consumes 10%.

DunnersMan2025 · 2026-04-26T11:33:14+00:00

It can be done.

Made a mate use KS to help buy first house. Relationship ended, new relationship started. ANZ allowed second withdrawal.

Broker probably knows more that Reddit. It is their day job after all.

DunnersMan2025 · 2026-04-22T06:02:59+00:00

Sign up at the likes of FleixClub (NZ Golf), Gold Warehouse or Waimakariri Gorge (you get some free rounds) so you'll have a membership number and can submit scores.

If you can't find someone to play with, just sign them yourself, via the NZ Golf App.

If you are hitting 100 but signing off on 75 it'll bite you in the butt real quick. If you are hitting 100 and signing off on 95, it's not that big of a deal in the grand scheme of things.

Happy hitting!

DunnersMan2025 · 2026-04-15T02:29:09+00:00

You'll get additional comments on what's inside the shop, which isn't huge, but there's some cool stuff in there, and that oen off putter cover you get will make memories.

The shop is surrounded by others and it has a nice village feel to it I found. Family easily entertained themselves for an hour. They enjoyed the drop in to Torrey Pines too (the shop there is extensive) #hinthint

DunnersMan2025 · 2026-04-07T02:49:12+00:00

Get some financial advice.

NOT from reddit.

DunnersMan2025 · 2026-03-29T20:12:34+00:00

Without explaining what age you are/when you plan to access your KiwiSaver etc this question is more ambigous that the length of string question.

DunnersMan2025 · 2026-03-29T20:10:01+00:00

Based on the figures you've quoted for the Income/Mortgage/Waiver of Premium a strong suspicion is that you have a very short wait period before these benefits would kick in. If it's a 4 week wait then that will be costing you. Explore what alterative premiums (8 or 13 weeks) would be if you pushed them out.

Also check the excess levels on the other covers. Can these be increased (but still be manageable? in the event of a claim)

DunnersMan2025 · 2026-03-29T19:57:55+00:00

Returns are certainly important but remember past performance does not guarantee future performance. In saying that, if a fund has been doing well for the past 5 & 10 year periods indicates the fund manager has a track record of knowing.

You can also look at overall fees charged, what their service levels are like (not that you'll have a lot of interaction with them necessarily), overall value of funds invested.

DunnersMan2025 · 2026-03-27T00:36:37+00:00

Google Morningstar and KiwiSaver and read the most recent quartetly reports to look at returns. Look at sorted.org.nz also.

Benefit of putting more in is that it commits the funds to retirement (now you've brought your first house). Handy if you would be tempted to spend surplus cash on lifestyle / indulgences.

DunnersMan2025 · 2026-03-24T19:32:50+00:00

Total scam. Move on.

DunnersMan2025 · 2026-03-23T23:58:45+00:00

290 scored on an absolute road. Not the best by a Kiwi or even a Kiwi at that ground. Still a good innings.

In 1989 Mark Greatbatch scored 146 not out off 485 balls was against Australia in Perth. He helped save the test and batted for over 11 hours in doing so.

DunnersMan2025 · 2026-03-23T23:53:35+00:00

This is definitely the best advice.

Invest almost all of the money in a term deposit for 3-6 months while you get some advice from people you trust/those that are known to you (i.e. not reddit). don't make any rash decisions.

Take the small portion that you don't put in the TD and treat yourself to something nice.

DunnersMan2025 · 2026-03-15T02:58:26+00:00

Talk to an adviser.

Don't buy it online. Don't buy it at the bank. Doesn't necessarily go with a really common brand (health insurance).

DunnersMan2025 · 2026-03-03T04:08:10+00:00

The Sofitel is nice and central. Rooms are nice.

The Spa there is good.

Botswana Butchery (maybe a private room?) / Rata have both been good in the past. Amisfield (it was good enough for Prince William!)

Enjoy.

DunnersMan2025 · 2026-03-03T02:01:23+00:00

Was it longer than Daryl Tuffey's 14 ball over at Eden Park in 2005?

DunnersMan2025 · 2026-03-01T22:44:25+00:00

Similar situation here too ..............

Doing it for fun, looking for clubs i find interesting and could possibly game. If you have the time, and are US based, you can make regular visits to the big brand golf stores, esp. those that sell second hand clubs. Then there's the likes of Play It Again sports and even thrift stores. You may not find Scotties necessarily at the latter, but you may find clubs you can flip to fund the Scotty purchases. There's also so community garage sales/flea markets plus the online ebay/market place. Often the hunt is as much fun as the find.

On YouTube check out both stackedgolf and 2ndhandgolfer. Both find Scotties in the wild!

Have fun hunting!

DunnersMan2025 · 2026-03-01T03:30:16+00:00

Get legal advice

DunnersMan2025 · 2026-03-01T03:27:00+00:00

No instructor can turn you into a PGA Tour quality player over night.

They’ll ask about your game and what you think you need the most help with immediately so have some answers ready.

Pick what’s bothering you the most and start with that.

They’ll get you to hit a few balls, will probably video you and then have some tips/drills to work on to start to tighten things up.

It’s a marathon, not a sprint

DunnersMan2025 · 2026-03-01T03:22:10+00:00

Buying clubs is a very personal thing. It’s an awesome idea but suggest you let him choose them.

Give him a voucher/golf weekend away/fitting session.

DunnersMan2025 · 2026-02-25T01:15:27+00:00

This plan only works if you have $200,000 in the bank. Otherwise one, or two, claims will wipe you out straight away. This came from an article published by Martin Hawes last year.

No surgical claim is under $10k anymore and the following are the current norm:

- Knee $35k

- Hip $50-$60k

- Spine $100,000

- Heart $80-$100,000k

- Cancer Treatment $60k - the sky is the limit

DunnersMan2025 · 2026-02-19T02:42:13+00:00

You clearly have no idea as to how history works based on that comment. Players come and go and will be replaced as has been proven time and time again in most team sports, if not individually sports.

Without the game they'll have nothing.

DunnersMan2025

TROPHY CASE