Can you afford to retire without a house?

Posted by Nicola Hines in Retirement, Savings on

For decades, the path to a comfortable retirement for middle-income Kiwis had three key steps: buy a house, pay it off before retiring, and save hard for as long as possible to amass a decent nest egg.

But soaring home prices are making it harder to get on the property ladder, putting at risk the first step in that well-trod plan.

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