Will you have enough income or funding in retirement?
We have launched a new tool to help work this out.
Use this calculator to help you estimate whether your current savings plan will be sufficient to fund the lifestyle you would like when you are retired.
When you are retired you can not only use the earnings of your nestegg, but you can also decumulate - that is, spend your capital. But once that is gone, only NZ Super will be available to live on.
This tool should only be used for a rough estimate. The further away your retirement is from now, the more general the results will be. And the more options you will have to fix any shortfall.
This tool is still in beta mode. If you have any queries, please use our Feedback form to let us know.
It sits in our Calculator section. You should bookmark this link.
This calculator only computes up to a maximum age of 120.