Picture this: a glorious beach, comfortable deckchairs, unlimited cocktails, never-ending blue skies, and golden sunlight streaming across the contented faces of a grey-haired hetero couple in matching casual wear.
Welcome to the Google image search for “retirement”. It is one hell of a fantasy.
Hands up if you have a retirement plan beyond Google searching “retirement”? Hands up if you would rather bury your head in the sand?
In Aotearoa, our savings are failing to keep pace with our spending expectations in retirement. This means for most of us, the picture of our retirement won’t look anything like the cocktails, deckchairs or matching casual wear used in the marketing campaigns for KiwiSaver and investment funds.
