KiwiSaver For Your Retirement

The current age of retirement in New Zealand is 65 years. This means you are not entitled to NZ superannuation until you reach this milestone, and the amount can vary from around $285 to $390 per week per person. Even if you have paid off your home in full, and have no debt, living from day to day on this amount could be challenging.

KiwiSaver For Your Retirement

The current age of retirement in New Zealand is 65 years. This means you are not entitled to NZ superannuation until you reach this milestone, and the amount can vary from around $285 to $390 per week per person. Even if you have paid off your home in full, and have no debt, living from day to day on this amount could be challenging.

Financial concern is not something you want to have on your mind after a life of working hard for your retirement, so it’s best to consult with the professionals to make sure you will have the freedom to do the things you’ve always dreamed of.

KiwiSaver has been created to meet your financial needs so that regardless of your circumstances you will be able to live well by investing now for your future. You may already have put a plan in place to save for your golden years, but KiwiSaver offers both employer contributions and the member tax credit, an annual Government contribution to your account.

A few percentage points in the amount you save now will equate to a much larger amount in the long term due to compound interest, a process which essentially reinvests the money you have accumulated into a long term savings scheme.

Here at Lifetime we want you to have the very best method set in place so you can enjoy your retirement to the fullest. We can look into your current KiwiSaver or alternative plan and see if you are getting the best value possible. We can show you how to increase your fund by taking simple measures and investing wisely.

Saving that little bit extra now can have a great impact on your overall funds and we are focused on giving you the correct advice to make sure you have enough to really enjoy your future.

KiwiSaver has been the most successful public private partnership in New Zealand’s recent history and has persuaded more than 1.7 million New Zealanders to commit to long term savings for retirement, well beyond the initial expectations of Government. (FSC, 2016).

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