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There is a lot of advice to help you work out how much you have to save to have a comfortable retirement, but not such much publicly available about how to spend your nest egg.
But the Retirement Commission has now launched a new of tool - a first of it's type that is available free- to help you work out how much you can spend and when to make your KiwiSaver and other funds last.
The Retirement Navigator - as it's called - is being described as a one-of-a-kind tool for spending in golden years. The Commission's Personal Finance Lead is Tom Hartmann.
