KiwiSaver provider Kiwi Wealth found something odd when developing online tools to help people work out how much to save to get the retirement they want.
As soon as people using its Future You tool were asked to estimate the income they would need in retirement, about half simply shut down the KiwiSaver planning tools and left the page.
It turned out many people have no idea how much income they would need.
from
http://www.stuff.co.nz/business/money/90904082/Many-Kiwis-have-no-idea-how-much-income-they-need-to-retire-Kiwi-Wealth
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