New data gives new estimates for how long New Zealanders might live. The trends haven’t changed: later generations live longer than earlier, and retirement planning should still consider a likely lifespan to age 90 to 95. Continue reading
Pensions
Life expectancy considerations for pension policy, by ethnicity, New Zealand
Deaths are still high at young and middle ages within Māori and Pacific groups. This analysis shows the scale of the challenge to improve health outcomes and reduce deaths at young and middle ages, but also shows that, over time, more people of all ethnic groups can expect to receive the public pension for longer. Continue reading
The 2019 Review of NZ Retirement Income Policies
In the Retirement Commissioner’s 2019 Review the highlighted message was “NZ Super is good value“. Recommendations followed three themes: (a) retain and complement the public pension, New Zealand Superannuation; (b) improve the stewardship of retirement income policies; and, (c) improve KiwiSaver, the main private retirement savings product.