The retirement landscape in New Zealand is changing dramatically, and what we've taken for granted may not be there when today's workers reach their golden years. This eye-opening discussion explores the demographic time bomb facing our nation – with birth rates dropping to just 1.5 children per woman and an aging population that will place unprecedented strain on government resources.We dive deep into why the traditional retirement funding model is becoming unsustainable as the ratio of workers to retirees shifts dramatically. The stark reality? You should prepare as if no government pension will be available when you retire. This isn't fear-mongering but practical advice based on global trends, including the surprising revelation that even China doesn't have a universal pension system despite its massive demographic challenges.The conversation offers practical strategies to secure your financial future regardless of government support. We examine how to maximize KiwiSaver contributions even after purchasing your first home, why contributing 10% rather than the minimum makes an exponential difference over time, and how building a property portfolio creates essential passive income streams for retirement. From leveraging credit card points for KiwiSaver contributions to understanding the compound effect of consistent investing, this episode provides actionable insights for anyone concerned about their retirement outlook. Don't wait until it's too late – the financial decisions you make today will determine whether you thrive or merely survive in retirement. Reach out to us for personalized retirement modeling and strategies tailored to your situation.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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