Ngā utu

Remaining socially connected can have associated costs, and your level of income could be a barrier to participation when the time comes if these costs are not considered in advance.

Social connection shouldn’t be thought of as an optional extra in later life, so when planning and budgeting for retirement it is important to factor in being able to afford the costs involved with maintaining your desired lifestyle and activities.

If you are on a tight budget, explore what is free so that you can still stay connected and active.

Things to think about:

  • Transport costs
  • Technology costs (devices, internet etc)
  • Clubs and activities memberships/fees
  • Trips to visit people/family
  • If money is tight, what free or low-cost options are available?