= Nz Retirement =

  * Retirement in NZ info

== Planning for Retirement in NZ: ==
=== How Much Do You Really Need? ===

 * [[https://www.mas.co.nz/hub/how-much-do-i-need-retire-new-zealand/|Mas Uni 2023]] A comfortable budget for an individual living in a metro area is assumed to require $60,480 a year. After receiving $25,811 from NZ Super annually (after tax), you will have a shortfall of $34,669 each year in retirement. The Massey report suggests you will need to save an '''additional $717,000''' (in today’s dollars) to cover your retirement income gap.

 * [[https://www.amp.co.nz/learn/comfortable-retirement| AMP NZ 2026]]
    * Est. $1,800/week 2 person
      * $94k/a ~ '''NZ$100k/year'''

 * NZ Super/Pention 2026, at 65y
   * [[https://www.workandincome.govt.nz/eligibility/seniors/superannuation/who-can-get-it/index.html#yearstable|Years in country]]
     * Born 1970 - 16y's
     * Born 1973 - 18y's
       * e.g. born 1970, emigrate 2016, retire at 65, 2035 qualify because in country for 19y
   * $854/pp/Fortnightly 
     * '''NZ$44k/y''' for 2people
     * NZ$26k/y for single

== Calculators ==
 * [[https://www.workandincome.govt.nz/eligibility/seniors/superannuation/index.html|Kiwisave calculator]]
 * [[https://www.mas.co.nz/investments/kiwisaver/kiwisaver-calculator/|Mas calc]]