Why plan for retirement?

'Saving for retirement is like donating to a stranger,' a woman in her 30s told us.

Except it's not. You will still be you at 50, 60, 70 and beyond.

But we know that planning for retirement is hard. Who’s got time to think about tomorrow when today is so busy? How do I know what the future will hold? How much will I need? It can seem overwhelming, but when you break it down piece by piece, then it all starts to make sense, and you will start to make progress.

A young New Zealander we spoke to made this great observation:

I feel like there’s a whole lot of other things competing for my resources, attention and concerns – tomorrow competes with today for our time and it’s all reasonably overwhelming even now, let alone in 40 years' time.