An Auckland couple would need to have a combined $552,000 in their KiwiSaver funds to have some choices in their retirement, based on the spending of today’s retirees. – New Zealand Herald
Read the full article at: www.nzherald.co.nz
interesting study here. The costs of living are a little higher in the study than a lot of my clients, but that is possibly as we are Nelson/Marlborough centric. A key tenet to take out of this though is you want to have a freehold home and a reasonable amount of savings, even if you can count on the pension.