Can you afford the lifestyle
you want in your retirement?

Your future – Your choice.

Think about what you want your life to be like in the future, and then ask yourself the following questions: 

• How much money will I need to live on?
• When eligible, how much money will I get from New Zealand Superannuation?
• How long am I likely to live in retirement?

To maintain their current lifestyle in retirement, some people aim to have about 70% of what their income was before they retired. Compare this with what you might get from New Zealand Superannuation.

Currently, NZ Superannuation for a couple over 65 is about $22,870 a year after-tax. Single retirees living alone get about $14,865.

On average, 65-year-old men can expect to live until they’re 81, and 65-year-old women until they're 84. By 2031, that’ll be 84 and 87 respectively. So if you plan to retire at 65 you need to save enough to provide income for about 20 years.

Where can I get advice?

• Visit the Sorted website www.sorted.org.nz for calculators and information about retirement savings.
• If you are already saving, talk to your Scheme provider or another financial advisor about the best options for you.

Your future – Your choice.

Make this your Super Week!