retirement nest-eggs worry Kiwis

News from the web:

Two out of three Kiwis believe they are not saving enough to retire comfortably, new finance sector research shows.

Nearly 80 per cent think their savings will run out before the end of their lives while only 10 per cent believe a government pension alone will be enough to cover basic costs.

The preliminary findings, from nationwide research conducted for the country’s investment and savings industry, will be released in coming weeks.

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