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Financial literacy advocate Dr Pushpa Wood says renters who are aiming to survive on super can no longer afford skyrocketing city rentals. Recent research commissioned by New Zealand Seniors in partnership with CoreData showed that more people are working longer as the advent of Covid has delayed their retirement plans. The Retirement Report 2022 also found that only half of the over 50 year olds surveyed felt they were on track to retire at their preferred age. the Government has just announced an Employment Action Plan to support workers past retirement age. Dr Pushpa Wood is from the New Zealand Centre of Financial Education and Research Centre based at Massey University. She says it's imperative that people of all ages have a plan for their retirement.
