Thinking about how much money you might need to retire can be a scary prospect, particularly if you're already struggling to make ends meet while you're working.
"FORO" or Fear Of Running Out is top of mind for many and it's true that retirees do need more than just their superannuation to live comfortably.
But new figures by Te Kunenga ki Pūrehuroa, Massey University’s Financial Education and Research (Fin-Ed) Centre, show that you may not need as much as has been previously reported.
Assoc. Prof. Claire Matthews, Massey Business School Photo: Supplied/Massey University
