Please study the video below, scrolling through the population of New Zealand forecast. I started the video in 2020, and you can see that looking ahead in time, at no point does the age of those over the age of 65 exceed the total of those below that age. This means that the taxpayer can at all times look after those who have retired.
The NZ government always raises the issue of retirement when they've mismanaged the economy. What they want to do is keep people working longer to bring in more money. Bear this in mind over the coming months. As NZ slips into debt, it'll use the ageing population as an excuse to make everyone work longer.
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