Retirement
Even if your retirement is a long way off, the financial decisions you make today can have a major affect on your lifestyle in the future.
So start planning now!
Tip 1: Make a plan and review it regularly
Review your plan at least every two years or whenever your financial circumstances change
Tip 2 : Involve family
They'll be affected by your decisions and will be able to offer knowledge and support.
Tip 3 : Do a budget
You need to know how much your retirement is going to cost.
In this section, you'll find information on:
- Sources of income
Find out where you are most likely to get your income from in retirement - New Zealand Superannuation
Find out about the pension you'll get from the government - Private saving
Work out what private savings you'll need to do if you want more than New Zealand Superannuation - How much will you need?
Work out home much money you'll need in retirement - Your home
If you own one, think about how it fits into your retirement plan
You can order or download a printed summary of this section in our Sorted booklet 'Retirement planning - Getting the lifestyle you want'.
