Early Edition with Kate Hawkesby

An expert is backing a recent recommendation that retirees need a decent amount of money to top up their superannuation.  New Expenditure Guidelines have found less than $500 thousand in savings is enough for most over-65s.   Superannuation and Super Fund expert Jonathan Eriksen told Roman Travers a nest egg is required to top up superannuation.  He says Massey University's half a million dollar figure is right, adding if people want a bit more luxury for holidays, a million is probably needed.  LISTEN ABOVE See omnystudio.com/listener for privacy information.