I started reading an eye-opening book about retirement. The book: Cracking Open The Nest Egg by Martin Hawes. I highly suggest this for your parents or yourself, no matter your age. I was struck by an example for people to aim for when retiring. The idea is that you get to 65 with no debt on your house, and you have some funds set aside to invest that you can draw down on for the next 30 years. Sounds easy right? But does the math, math? Let's explore.Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay close to us on social media and share this with someone that you think this content will help. Together we can collectively improve the financial literacy of New Zealand - let’s get on with it. Find us here:@keepthechange_nzhttps://www.keepthechange.co.nz/ Hosted on Acast. See acast.com/privacy for more information.
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