Knowing what “comfortable retirement” looks like financially can help you make smarter decisions today for greater security tomorrow.
Figuring out how much income you will need in retirement is a crucial step, and the earlier you start planning, the better your chances of achieving financial security.
To help with this, we have summarised the key insights from the latest Massey University Retirement Expenditure Guidelines and will explore:
- What retirement income should you aim for?
- What will you receive from NZ Super?
- How much additional savings might you need?
- What are some of your options if you are not on track?
