26 Jul 2018

What the latest NZ Super survey means

From The Panel, 4:20 pm on 26 July 2018

The annual survey into superannuation shows the amount of money retirees need to have a basic lifestyle is growing and the gap between NZ Super and the cost of living is rising.

This means retirees are relying more on savings and extra work. But experts say this is not necessarily a cause for concern.

We talk to Retirement Commissioner Diane Maxwell about what it means.

Retirement plan sign

Photo: 123RF