Saving for retirement is an important decision for individuals and couples. The extent to which people are saving for retirement is a key element in formulating public policy toward saving and retirement incomes. The accumulation of retirement wealth is the key indicator of retirement saving behaviour by households. For this, information is needed on the assets and liabilities of households.1 This paper uses new data on assets and liabilities from the Survey of Family Income and Employment (SOFIE) in New Zealand to examine the accumulation of wealth.
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