Pensioner poverty has changed the retirement debate
When the Facts Change - A podcast by The Spinoff - Thursdays
We hear a lot about young people struggling with housing affordability, but much less is spoken of how the housing crisis will impact pensioners. A new report shows we're at serious risk of doubling the number of retirees facing rent and mortgage stress by 2048. While the debate around who should get NZ Superannuation and how much they should get has been mostly frozen in time since the late 1990s, the current landscape means the debate has now changed. Retirement Commissioner Jane Wrightson joins Bernard Hickey to discuss how we can keep elderly renters and those still with mortgages out of poverty, what this could mean for NZ Superannuation eligibility and what will happen if nothing changes. Learn more about your ad choices. Visit megaphone.fm/adchoices
