A wake-up call – the harsh reality of retirement in NZsupplied Richard Klipin, Financial Services Council CEOOPINION: Retirement is meant to be our golden age. Research released this month by the Financial Services Council provides a wake-up call on that rose-tinted vision. Rather than enjoying a comfortable retirement the majority of retirees are reduced to living off NZ Super alone after just ten years of retirement, with a significant weekly income shortfall. So, this holiday season as we all take the opportunity to celebrate the past year and start planning for the year ahead, why don't you put retirement planning in your Christmas stocking? The Financial Services Council represents the interests of the New Zealand financial services industry including KiwiSaver providers, major life insurers and fund managers.

Source: Stuff December 25, 2017 22:10 UTC