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.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.