Post by Kiwi Frontline on Aug 18, 2023 4:24:44 GMT 12
MĀORI WĀHINE STRUGGLING FINANCIALLY AS THEY RETIRE
The Retirement Commission’s latest survey shows financial difficulties facing elderly Māori in retirement are starting to sink in, with wāhine in an even tougher situation than men.
A Westpac retirement claims “a comfortable retirement means couples must save up to $70,000″. But not many Māori superannuitants achieve this. On average Māori will earn less through their working lives, meaning they have fewer resources to draw on when they retire.....
www.teaonews.co.nz/2023/08/17/maori-wahine-struggling-financially-as-they-retire/
The Retirement Commission’s latest survey shows financial difficulties facing elderly Māori in retirement are starting to sink in, with wāhine in an even tougher situation than men.
A Westpac retirement claims “a comfortable retirement means couples must save up to $70,000″. But not many Māori superannuitants achieve this. On average Māori will earn less through their working lives, meaning they have fewer resources to draw on when they retire.....
www.teaonews.co.nz/2023/08/17/maori-wahine-struggling-financially-as-they-retire/