There are two grants when it comes to using your KiwiSaver
for your first home purchase. The KiwiSaver HomeStart grant
is administered by Housing NZ and the KiwiSaver first home
withdrawal is administered by your KiwiSaver provider. read more...
So you have hit the age of retirement and so long you have
been in KiwiSaver for at least 5 years you are able to gain
access to your KiwiSaver savings. However, you need to
decide how you would like your money first… If you want it
at all at this stage. read more...
So you have been saving hard with KiwiSaver and are now
ready to purchase your first home? Great! Home ownership is
a massive investment and one that needs great consideration
before jumping in feet first. Do you home work! Below are a
few things to consider before placing an offer on your first
home. read more...
Investors are being urged to consider retaining some growth
assets in their KiwiSaver investments as they get nearer
retirement, to ensure they give their money the best chance
of lasting as long as they do. read more...
You are knowledgeable enough to know that having KiwiSaver
is a great idea to either save for your first home deposit
or save for your retirement come the age of 65. But have you
got the right plan in place and are you making the most of
your KiwiSaver fund to reap the greatest benefits? Here are
a few tips and ideas to make sure you are doing the right
things for your investment. read more...
Part two following on from our last blog discusses practical
ways to saving money so that your KiwiSaver savings can go
on funding an enjoyable lifestyle in the current rather than
merely covering debt repayments from years’ worth of HPs,
credit cards and finance etc. read more...
When it comes to planning for retirement, you need to plan
ahead rather than just at the time. Thinking about where you
will live and how you will afford your lifestyle are
important, but arguably even more important than that is
getting rid of debt well before you hit retirement and hang
up your working boots. This is a two part blog on steps you
can follow to get rid of debt hanging around so that come
retirement you can use your KiwiSaver to enjoy life rather
than paying debt repayments. read more...
We think it’s a great thing that New Zealanders have a say
in which KiwiSaver provider gets to look after their
well-earned retirement fund. That’s right – KiwiSaver
lets you choose who is going to be your KiwiSaver provider! read more...
So you have found a house you want to purchase and put an
offer in, with assumption you can use your KiwiSaver funds.
There are a few points to note with regards to using your
KiwiSaver funds for your first home purchase. Read through
the points below. There have been cases where purchasers
have had to pull out of the deal because they were unable to
use the funds they thought were available. read more...
There are five types of KiwiSaver funds you are able to
select when considering your contributions. When you put
money into KiwiSaver, managers invest it in income or growth
asset. Income assets pay interest and generally the
KiwiSaver fund gets the money back at the end of the term.
Similarly, growth assets pay dividends or rent and you will
gain when these assets grow. Growth funds are more risky and
are good for those who intend to leave their funds in
KiwiSaver for ten plus years. If you intend on using your
funds sooner, say in the next three years, you need to
choose the best KiwiSaver scheme for that scenario. You
can change your Kiwisaver quite easily using our website. read more...
Retirement can seem a long-way away for many people,
especially when we’re busy working hard to provide for our
families. But it’s important to give it some thought now,
because with retirement will come a whole new set of issues
and situations that you might not have been aware of. read more...
Did you know you could be eligible for a $521 KiwiSaver
top-up? Who wouldn't say no to an extra $500? read more...