What is it about?
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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Why is it important?
This article explores the actual experiences of New Zealanders aged 65 and older.
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This page is a summary of: Retirement Realities, Applied Finance Letters, June 2013, Auckland University of Technology (AUT) Library,
DOI: 10.24135/afl.v2i1.11.
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