This 2013 article, contains a sound message for NZ. Pleasing to see the arrival of Life time Income fund onto the NZ scene, to help meet this need, but its time business leaders and Government spokespersons started talking about this. We do not save enough in Kiwi Saver, and the public education of how to deal with lump sums is lacking!

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10899414