Estimates vary on how much savings are needed for retirement

RNZNZ HeraldMonday 22 September 2025 · 2 outlets · 2 reports · updated

In this story NZME, Massey University

Photo: NZ Herald (opens in new tab)

Calculations for necessary retirement savings range from $48,000 for a basic lifestyle to $1 million. For median earners, amounts between $375,000 and $605,000 may be sufficient, though income could drop to 60% following a first-home withdrawal.

How they headlined it

First reported by RNZ, Mon 22 Sep 2025, 6:46am · 2 reports from 2 outlets over 3 hours
  1. RNZRNZ

    $50,000, $1 million - or more? How much do you really need to save for retirement? (opens in new tab)

  2. NZ HeraldNZ Herald

    KiwiSaver retirement savings: Why $375k to $605k may be enough for median earners (opens in new tab)