Financial Advice Shifts for NZ Retirees Without Substantial Savings

Analysis of New Zealand's current financial and pension settings suggests that retirees lacking at least $200,000 in savings may be financially better off renting rather than attempting to purchase property.

3 Sept, 17:12 — 3 Sept, 17:12

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rnzHigh7h ago

Why renting retirees might be better to save nothing if they don't have $200,000

New Zealand's current settings mean renting retirees who do not have at least $200,000 saved may be better off to have nothing.

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Financial Advice Shifts for NZ Retirees Without Substantial Savings

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Why renting retirees might be better to save nothing if they don't have $200,000

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