Sources of income

Most retired New Zealanders get their income from two main sources - a pension from the government, called New Zealand Superannuation, and their own private savings.

Your challenge is to work out how much you'll need to live on in retirement over and above New Zealand Superannuation, and how much you need to save to have that extra income.

Glossary: pension
An income paid at regular intervals to a retired person, by a government or through an employer superannuation scheme.