Skip to content
PodParley
94. How Much Do I Actually Need to Retire? episode artwork

EPISODE · Nov 5, 2024 · 35 MIN

94. How Much Do I Actually Need to Retire?

from It's No Secret · host Catherine Emerson & Christine Jensen

How much money do you really need to retire? In this eye-opening episode, we break down the real numbers behind retirement planning in New Zealand. With recent Retirement Commission research showing that 65% of people over 55 have no concrete retirement plan, we'll help you understand what you need and how to get there. Key Questions Discussed: What's the difference between a 'no frills' and 'choices' retirement? How much does NZ Super actually provide? What are the current retirement savings targets for different lifestyles? How do you calculate your personal retirement number? What role does KiwiSaver play in retirement planning? How do living costs affect retirement savings goals? What common retirement planning mistakes should you avoid? Is it ever too early to start planning for retirement? Key References: Massey University 2023 Retirement Report Te Ara Ahunga Ora Retirement Commission Research 2022 Stats NZ Income Data (June 2024 quarter) NZ Super Rates 2024 Sorted.org.nz Retirement Calculator If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend. SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify Follow us for fun chat & financial tidbits on IG: @itsnosecretnz Got questions? Get in touch: www.itsnosecret.co.nz Disclaimer: Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice. Any information we provide is general only and current at the time of writing. Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz

Episode metadata supplied by the publisher feed · Published Nov 5, 2024

Embed this episode

What this episode covers

How much money do you really need to retire? In this eye-opening episode, we break down the real numbers behind retirement planning in New Zealand. With recent Retirement Commission research showing that 65% of people over 55 have no concrete retirement plan, we'll help you understand what you need and how to get there. Key Questions Discussed: What's the difference between a 'no frills' and 'choices' retirement?How much does NZ Super actually provide?What are the current retirement sa...

Distinct summary based on available episode metadata or transcript content.

Ready to play

94. How Much Do I Actually Need to Retire?

0:00 35:56

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

The Course Mentors Podcast The Course Mentors Hey there, future course creator! Ever feel like turning your know-how into an online course is like trying to solve a Rubik's cube blindfolded? Well, grab your headphones because "The Course Mentors Podcast" is here to be your secret weapon! Meet Aimee and Odette (that's us!), your new best friends in the course creation world. We've been in the trenches for over a decade, and for the last five years, we've been rocking the online course space. Now we're here to spill all our secrets in bite-sized, 15-20 minute episodes that'll fit perfectly in your coffee breaks. No fluff, no filler - just real, actionable advice that'll take you from "um, what's a landing page?" to "holy moly, I just hit six figures!". We're talking everything from crafting your course to marketing it like a pro and building a business that'll have you pinching yourself. Whether you're dreaming of ditching the 9-to-5 grind, adding a sweet extra income str Tao Te Ching by Laozi (Author), Stephen Mitchell (Full Audiobook) Laozi Lao-tzu's Tao Te Ching, or Book of the Way, is the classic manual on the art of living, and one of the wonders of the world. In eighty-one brief chapters, the Tao Te Ching looks at the basic predicament of being alive and gives advice that imparts balance and perspective, a serene and generous spirit. This book is about wisdom in action. It teaches how to work for the good with the effortless skill that comes from being in accord with the Tao (the basic principle of the universe) and applies equally to good government and sexual love; to child rearing, business, and ecology. Stephen Mitchell's bestselling version has been widely acclaimed as a gift to contemporary culture.

Frequently Asked Questions

How long is this episode of It's No Secret?

This episode is 35 minutes long.

When was this It's No Secret episode published?

This episode was published on November 5, 2024.

Can I download this It's No Secret episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!