You'll need to save this much money... as a minimum

 According to Westpac Massey University Fin-Ed Centre An Auckland couple would need to have a combined $552,000 in their KiwiSaver funds to have some choices in their retirement, based on the spending of today's retirees.

See the full article in the NZ Herald here.

We believe this is an absolute minimum and a better calculation is 75% of your current gross income divide 5%. Essentially, $1,000,000 for every $50,000 you want to spend each year in retirement.

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