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Jonathan Eriksen: Superannuation and Super Fund expert on the recommended savings for retirees

Jonathan Eriksen: Superannuation and Super Fund expert on the recommended savings for retirees

Early Edition with Ryan Bridge · Newstalk ZB

January 27, 20254m 6s

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Show Notes

An expert is backing a recent recommendation that retirees need a decent amount of money to top up their superannuation. 

New Expenditure Guidelines have found less than $500 thousand in savings is enough for most over-65s.  

Superannuation and Super Fund expert Jonathan Eriksen told Roman Travers a nest egg is required to top up superannuation. 

He says Massey University's half a million dollar figure is right, adding if people want a bit more luxury for holidays, a million is probably needed. 

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Topics

retirementretiringsuperannuationsuperjonathan eriksenretireesavings