When to Review your KiwiSaver Plan

KiwiSaver has rapidly become a “set and forget” savings strategy for many New Zealanders…they join and most contribute and enjoy the additional contributions from employers and the government…and then they forget about it.

For many though KiwiSaver will turn out to be one of the biggest contributors to self sufficiency in retirement…so it definitely should not be a “set and forget” superannuation plan.

Here are the big questions that suggest you may have fallen into the “haven’t thought about it” trap.  If you answer “YES” to any of the questions, then you really should review your KiwiSaver plan:

1. I don’t know how my KiwiSaver fund is performing.

2. I don’t know how much it is likely to provide in retirement.

3. I don’t know if I am getting the maximum tax incentive and employer contributions put into to my KiwiSaver account.

4. I didn’t choose any particular plan or fund – it was chosen for me.

There is already enough guess work in planning for retirement, and if you aren’t thinking about how to make the most of your KiwiSaver then you are leaving it ALL to guesswork.

Want balance in your life, ensuring you have the right amount of everything?  Share your hopes and dreams.  Plan your future and let me help you make sure you have peace of mind along the way.

Amy Callon
Financial Adviser
New Vision Financial Services

Plan your future and let us help you have peace of mind along the way.