Quote Originally Posted by Beagle View Post
Some answers here and I think the total may surprise some people
https://www.nzherald.co.nz/business/...ectid=11972404
Do the figures assume that by age 65 that you own a mortgage-free home? Home ownership rates are dropping in each age group as affordability has deteriorated. Whether you own your home or not will drastically affect what you need in KiwiSaver and other investments.

The NZ tax and financial system encourages home ownership. These days, the system should be unbiased. Home ownership may not be the right deciison for some people and their circumstances. If you don’t own a home, you should be given greater tax concessions (to match the untaxed imputed rent and the untaxed leveraged capital gains currently enjoyed by home owners) with a portfolio of financial and other investments.