use 16 to calculate how much is enough for retirement, page-23

The tax rates in New Zealand look competitive compared to Australia's.

2017–2018

	Income	Tax rate	Effective tax rate
1	$0 – $14,000	10.5%	10.5%
2	$14,001 – $48,000	17.5%	10.5 - 15.5%
3	$48,001 – $70,000	30%	15.5 - 20.0%
4	Over $70,000	33%	20.0 - 33.0%