Retirement Realities
Abstract
Retirement is a time that is long anticipated by the working population, and arrives
with substantial expectations of what it will be like. A survey was undertaken to explore
the actual experiences of New Zealanders aged 65 and older. Key messages to emerge
were: most respondents were satisfied with their life in retirement; the importance of
saving for retirement; concerns around financial resources related in part to the faster
rate of increase of basic living costs relative to income; and, the risk of the unexpected.
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