The 2021 Retirement Expenditure Guideline study undertaken by Massey University is designed to assist pre-retirement New Zealanders make financial plans for retirement. The report says the average retired household continues to spend in excess of NZ Superannuation,...
Immigrants to New Zealand and returning Kiwis who have spent a large portion of their working lives overseas will have to wait longer to qualify for NZ Superannuation. The New Zealand Superannuation and Retirement Income (Fair Residency) Amendment Bill 2021 changes...
Kiwis are generally optimists and poor savers. The majority believe they will be financially independent when they retire and have stopped earning an income. You need more than optimism to be financially independent when you stop earning an income. If you are not...