In this episode of The Next Bit Podcast, titled "Bite Sized: What Does Retirement Actually Cost?", I join financial expert Hannah McQueen to delve into the often-overlooked financial realities of retirement. While many envision a carefree life filled with travel and leisure, we explore the actual costs associated with maintaining that lifestyle. From understanding essential versus lifestyle expenses to the importance of being mortgage-free before retirement, we break down the numbers you need to consider. We also discuss strategies for addressing potential shortfalls in retirement funding and the role of KiwiSaver. Join us as we provide practical insights to help you plan effectively for a secure and fulfilling retirement.