Are you saving for your retirement? Why? Why not?

Photo / Mark Mitchell

New Zealanders under the age of 30 are more likely to save money over any other age group, a survey has revealed.

New data from the latest MasterCard survey on consumer purchasing priorities shows an international trend of people aged between 18 and 30 saving for "precautionary measures".

Budgeting experts say this is because younger people are more likely to save to buy homes - and because they have fewer financial and family commitments.

Are you saving for your retirement? Why? Why not? Here is the latest selection of Your Views: