
EP: 2225
What Over-65 Kiwis Spend Their Money On (and it's WILD)⎥Ep. 2225
We talk a lot about how much you need in retirement. But here’s the real question: what do retirees actually spend their money on once they stop working?
In this episode, Ed and Andrew examine fresh Stats NZ data comparing the bottom 10% of over-65 spenders with the top 10%. The results are shocking.
You’ll learn:
-How some retirees survive on just $344 a week – and what that lifestyle really looks like
-Why the top 10% spend 6.7x more, splashing out on travel, recreation, and health
-What happens in the “middle” – and how spending priorities shift as income changes
This episode reveals the hidden reality of retirement spending in NZ, from bare-bones survival to living it up with overseas holidays.
Want to find out how much you'll need to save each week until retirement? Use our retirement calculator to find out.