Q&A - Why are New Zealand pensioners facing the highest inflation pressures?

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Many New Zealand pensioner households are feeling the squeeze as the cost of everyday essentials continues to rise. While inflation affects everyone, older people often spend a larger share of their income on housing, rates, insurance, healthcare, electricity and groceries—making it harder to absorb rising costs. Understanding where your money goes and sharing practical ways to reduce expenses can help retirees make informed financial decisions and maintain a good quality of life.

:speech_balloon: Question for the community

Have rising living costs changed the way you budget or spend in retirement, and what practical tips would you share with others to help make their retirement income go further?

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I can see this in some pensioners that we know. But also what about the issue of technology and use of apps. Scams are also taking a huge hit on the financial as well as the emotional side. Sorry I digress from this inflation topic. :frowning:

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