KiwiSaver is a voluntary work-based scheme that was created to help New Zealanders financially prepare for retirement.
For most New Zealanders there will be a considerable gap between what they will want to spend in retirement and what they will receive from the state pension. Whatever your desired retirement lifestyle, it’s generally a good idea to set aside money early on in order to fund this gap and have financial independence in retirement.
Many people are members of a KiwiSaver scheme, in fact over 2 million people have now joined KiwiSaver. Some have actively chosen the scheme that they belong to while others may have been placed in a default scheme through their employer and the Inland Revenue.
As an important component of your retirement planning, it makes sense to ensure that the money you are saving into your KiwiSaver account is being invested in a fund that is appropriate for you.
Talk to us today to discuss your options and learn how to get the most out of your KiwiSaver.