How to do KiwiSaver Right!
Your 65 Year Old You Will Be Thankful.
How are you planning to fund your 29 years of retirement?
Statistically, we’re living much longer these days – men can now expect to live until they’re 90, and women until they’re 94. So considering we could be retired for 30 years, we are going to need some money coming in.
So, how do we keep our cushy lifestyle in tact as we start to put down the tools? From the age of 65 most New Zealand residents receive the NZ Super every fortnight. A great start, but it’s likely that the Super rate won’t be enough – let’s look at some figures;