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Michael Littlewood: Co-director of the Retirement Policy and Research Centre on Kiwis working for longer to transition to retirement
Manage episode 414683420 series 2098282
New Zealanders are staying in paid work longer in an effort to transition into retirement, according to a new study.
The average age Kiwi’s are choosing to retire has risen to 67 from 61, since the mandatory retirement age was eliminated in 2000.
Co-director of the Retirement Policy and Research Centre Michael Littlewood tells Jack Tame that New Zealand’s state pension is generous, but not enough to live on for some. But, the real reason people choose to transition from full-time work to full-time retirement is not known.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
6165 jaksoa
Manage episode 414683420 series 2098282
New Zealanders are staying in paid work longer in an effort to transition into retirement, according to a new study.
The average age Kiwi’s are choosing to retire has risen to 67 from 61, since the mandatory retirement age was eliminated in 2000.
Co-director of the Retirement Policy and Research Centre Michael Littlewood tells Jack Tame that New Zealand’s state pension is generous, but not enough to live on for some. But, the real reason people choose to transition from full-time work to full-time retirement is not known.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
6165 jaksoa
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