Keep up with
Newstalk ZB

Sat, 18 May 2013, 20:49

Have Your Say

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Sign Up

Site Search

Search Search

Select your region:

Survey reveals half of retirees scraping by

Share |

Survey reveals half of retirees scraping by

By: Kaye Albyt | New Zealand News | Thursday August 16 2012 14:08

 

The latest retirement survey is being described as a wake-up call.

The Retirement Expenditure Guidelines report shows 47 percent of retirees are just scraping by.

It shows that a two-person household in Auckland or Wellington needs $241 a week for a no-frills retirement and $761 for a few luxuries.

Housing costs such as rent are not included.

David Ireland from Workplace Savings says the data is sobering but will help people to properly plan for their retirement.

 

Related Subjects

retirement |

 

New Zealand News

Advertisement
Mike Hosking Breakfast
Advertisement
  • 200 day waka journey

  • Oil and gas work in off limit areas

  • Warning to dodgy immigration advisers

  • Cricket: Black Caps wary of Enlgish threat

  • Auckland Writers & Readers Fes ...

  • Steven Adams: NBA-bound

  • Kevin Milne Comment: Saturday ...

  • Jack Tame Comment: Saturday 18 ...

  • Friday-Budget Passion

  • Thursday-Topless Research

  • Wednesday-Gilmore So Gone

  • Tuesday-Unconventional Centre

National Convention Centre

Do you support the Government's deal with SkyCity over the National Convention Centre

Vote Now

View Results