Save for the retirement you want
A retirement funded by NZ Super alone is unlikely to offer any more than a 'no-frills' lifestyle. This is why more and more New Zealanders are using KiwiSaver to save for the retirement lifestyle they desire.
The Government-backed scheme is designed to encourage regular savings throughout your life, and if you're employed, your employers may also contribute to your fund on an ongoing basis. Plus, contributing members can benefit from annual Government contributions: for each dollar you contribute, the Government adds an extra 50 cents to your account, up to a maximum of $521.43 each year. Sound like a no-brainer?
Step on the property ladder
The other important feature of KiwiSaver is the ability to withdraw almost all of your funds (except for $1,000) to purchase a first home. Additionally, you may be eligible for a KiwiSaver FirstHome grant of up to $5,000 for an existing home, or up to $10,000 for a new build.
Many Kiwis are taking advantage of this option to step on the property ladder and start building their wealth.
We can help you
Like to discuss your KiwiSaver needs? Please don't hesitate to contact us. We can help structure your KiwiSaver for your short and long-term financial goals.