Life is good for retirees, report shows

Sovereign has released its latest Wellbeing Index, produced by AUT’s Human Potential Centre.

The Sovereign Wellbeing Index is a national representation of how New Zealanders are faring on a personal and social level, and was created with the vision of helping to frame personal choices and public policy and action in New Zealand.

It found the prevalence of wellbeing was highest among adults not in the labour force, aged 65, followed by adults without children.

They were also more likely to report that their income was adequate than almost every other group, except young singles, even if they were earning less than the average.