Planning for the future can be a daunting task, especially with the state of the world at the moment meaning you might not know what that future actually looks like. But it’s that uncertainty that makes it even more important to plan for your retirement now, says The Spinoff. Researchers estimated that even the most basic “no frills” lifestyle for a one-person household in Auckland, Wellington or Christchurch would cost $726 a week – a pretty sizeable ($289) gap for anyone relying solely on their superannuation at 2021 rates.
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