Ep 206: Is The Pension Running Out Greg Moyle?
Oct 31, 2021•9 min•Transcript available on Metacast Episode description
"Hi Greg,
I'm wondering if you could ease my concerns about New Zealand Superannuation.
I'm 35 years old and I don't think the government will have enough money to pay my pension in retirement.
In 2006, only 12.3% of NZers were over the age of 65.
Now in 2018, that number has risen to 15.2% with Stats NZ predicting by 2048 the number of people in that age demographic will be 1.36 - 1.5 million people.
I just can't see the $55 billion Super Fund paying for it.
Am I being irrational or is this a real concern?
Cheers,
Tim"
