When will New Zealand's pension system collapse? ⎥Ep. 1887⎥Property Academy podcast
In this episode of the Property Academy podcast, we take a hard look at the sustainability of New Zealand's pension system, acclaimed as one of the world's best yet facing dire predictions. With only two workers per pensioner expected by 2040, Ed and Andrew discuss the current pay-as-you-go scheme's challenges and what this means for tomorrow's retirees. We'll dissect the demographic shifts contributing to this crisis and debate potential solutions, from raising taxes to reforming eligibility criteria.
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