by Celine Gibson | August 27, 2019 1:53 pm
So, keeping that word ‘plan’ in mind, the simplest place to start your research on retirement is online.
Punch ‘planning for retirement’ into your search engine and reach for your reading specs, because there are a number of extremely helpful sites dedicated to guiding you through the process.
Early midlife (35 to 50) brings many financial strains, but it’s crucial to continue saving as much as possible. The combination of earning more plus utilising this time to invest and earn interest makes these years the best for saving.
Later midlife (50 to 65) generally sees financial constraints, such as mortgages, student loans, credit-card debts etc., being paid off, leaving people with more disposable income for investment.
While there is no official retirement age in New Zealand, many people aim to retire when they are 65 years old, which is when the New Zealand Superannuation starts to pay out and, with people now living longer – on average 80 percent of 65-year-old men can expect to live to 90, and 65-year-old women to 94 – there’s every reason to look ahead early and make sure you are retirement ready so you can live comfortably for longer.
Below is a summary to help you start your plan.
• Estimate how many years you’ll be in retirement and think about the lifestyle you want.
• Your budget – one of the best tools for managing money, whatever your age. There are free budgeting booklets available online.
• Where to live:
Source URL: https://metropol.co.nz/retirement-ready/
Copyright ©2025 Metropol unless otherwise noted.