News

Most New Zealanders expecting to eat their houses in retirement

Tuesday 21st of November 2000
Half of New Zealanders are planning to sell their family home when they retire, and a further 13 per cent are thinking about it. A staggering two thirds of them are relying on making a profit on the sale to help fund their retirement.

John Drabble, General Manager AMP Financial Services, says the AMP Superwatch research shows that although New Zealanders’ savings habits are...

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