KiwiSaver is definitely a sound investment for your future retirement and talking to a qualified, financial adviser will ensure your contributions are invested wisely and your funds are managed correctly.
There are many investment fund areas to consider and using a personal financial planner means from the beginning right through to the end you can better manage the performance of your funds year on year.
What is KiwiSaver?
KiwiSaver is a voluntary, work-based savings initiative to help you with your long-term saving for retirement. It’s designed to be hassle-free so it’s easy to maintain a regular savings pattern.
There’s a few extra benefits when you join KiwiSaver with Nick Green Financial Services; we’re always ahead of the game with the latest news so why not tap into our expert knowledge? It’s always good to know what fund choices are available and what they look like. We can help you review your existing policies and plans and provide expert recommendations where appropriate to help with fund management and performance. We’re also available business hours and weekday evenings so our appointment schedule is built around what time of the day is best for you.
How do you make informed decisions? You talk to Nick Green Financial Services on 06 368 8175.
How you make contributions?
For many people, KiwiSaver will be work-based. This means you'll receive information about KiwiSaver from your employer, and your KiwiSaver contributions will come straight out of your pay.
Once you join KiwiSaver now’s the time to talk to Nick Green Financial Services because this is the stage we’re you need to make fully informed decisions around fund management. It’s highly informative and interesting and is a great way to start talking about other investments for the future.
If you choose to join, contributions are deducted from your pay at the rate of either 3%, 4%, 6%, 8% or 10% (you choose the rate) and invested for you in a KiwiSaver scheme.
If you're self-employed or not working, you agree with your KiwiSaver provider how much you want to contribute, and make payments directly to them.
When you can get your money?
Your KiwiSaver savings will generally by locked in until:
- you're eligible for NZ Super (currently 65),
- new rules now apply for applicants around the age of 65, please ask for more info about joining, or leaving.
You may be able to make an early withdrawal of part (or all) of your savings if you're:
- buying your first home
- moving overseas permanently
- suffering significant financial hardship
- seriously ill
We can help you with all of the above.
What you will get when you retire?
NZ Super provides for a basic standard of living in retirement, but it may not be enough for the kind of retirement you want. Having a KiwiSaver account doesn't affect your eligibility for NZ Super or reduce the amount of NZ Super you would be eligible for.
KiwiSaver savings will complement NZ Super to provide you with a better standard of living for your retirement.
There are 31 KiwiSaver providers all with various schemes. All of them have different fees and different ways of investing your money. Talking to your personal financial planning adviser expands your knowledge on the best strategy to take. Armed with useful advice from an expert with a wealth of information is always a smart investment for your future.
Call us this week on 06 368 8175 to schedule in a time to meet up or email email@example.com for further information.