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Retirement Planning
With increasing life expectancy, New Zealand now has a larger portion of the workforce continuing to work past the traditional retirement age of 65. According to Age Concern, in 2013, 22% of New Zealanders over the age of 65 years were in paid employment – an increase from 16.8% in 2006 and 11.4% in 2001.
We know it's hard to resist spending now in order to have something more to use in the future. Retirement can seem like such a long time away but a little bit saved now can make a big difference later.
Kids find it just as hard as adults.
The costs of living are constantly increasing – food, rates, power and heating, phone, rent or mortgage repayments – you name it, just covering the basic bills is getting expensive. Which means that once you retire and income reduces, keeping up with things becomes even harder.
