How much do you need in retirement
“… one of the reasons we enjoy you so much – it is a serious business but you don’t make it ‘heavy.”
Work out how much you should target for retirement
This will help you to set some savings goals and work out what additional savings you need to target. While we do support doing the minimum savings from your salary into KiwiSaver we believe additional savings should be outside of KiwiSaver funds. We can discuss the rationale for this with you.
The cheapest option for retirement income is to go SKIING – Spending your Kids Inheritance. That is, draw down on capital and growth so that at a set time in the future, say 93 you have used up most of your investable assets.
Age 93 is a projected life expectancy that we use in our retirement projections
Do you have a Retirement Income plan?