We’ve all heard about the so-called “Great Wealth Transfer” — $1.6 trillion expected to pass from Baby Boomers to the next generation. But does that mean you’re about to inherit a fortune? Not quite.
In this episode, we unpack what’s really going on with inheritances in New Zealand and why some people might be sorely disappointed.
You’ll learn:
Why the average Kiwi probably won’t see a cent from that $1.6 trillion
How wealth is concentrated among a small group of families
Why relying on an inheritance could be a risky retirement strategy
As part of this you should also think about NZ Super. And how much is nz super per fortnight.
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