Why is this important?

While everyone's situation will be different, it is good to understand at a high level what you may need on top of NZ Super to live comfortably in retirement. The Retirement Expenditure Guidelines produced annually by the Massey Fin-Ed Centre in 2023, their research indicated that a two-person household living in a city would need $235,000 in savings for a no-frills lifestyle, or $969,00 for a choices lifestyle.

Why is this important?

It's important to understand your income and expenses and how they may change once in retirement. Once you understand where you stand today and where you are going, you can start to make informed decisions for the future, i.e. by starting a savings plan that will guide you towards your retirement goals.

Why is this important?

We often focus on the financial elements of retirement when it comes to planning and forget about the non-financial aspects. Understanding what we will spend time on and who we will spend time with will give us purpose in retirement and connect your wealth to your life.

Why is this important?

Whether you are in business, a professional athlete or manage a farm, a plan helps you prepare for the future and tackle obstacles as they arise. Planning for retirement is no different, a plan gives us confidence, clarity and the ability to live better lives.

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