In New Zealand, we have Government Super, which is set to 65% of the net average wage (1). Of course, this is expensive, which is why we have the Government pu

In New Zealand, we have Government Super, which is set to 65% of the net average wage (1). Of course, this is expensive, which is why we have the Government putting aside money into a sovereign wealth fund to help pay for it (2). We also know that we should personally contribute if we want a better retirement, so we have personal retirement accounts, where the minimum contribution is 3% of salary, matched with 3% from your employer, plus ~$500 NZD from the Government (3). (1) - https://en.wikipedia.org/wiki/Welfare_in_New_Zealand#Superannuation https://en.wikipedia.org/wiki/Welfare_in_New_Zealand#Superan... (2) - https://en.wikipedia.org/wiki/New_Zealand_Superannuation_Fund https://en.wikipedia.org/wiki/New_Zealand_Superannuation_Fun... (3) - https://en.wikipedia.org/wiki/KiwiSaver https://en.wikipedia.org/wiki/KiwiSaver