Building up your savings for the retirement you deserve.

Something many of us have, but may not have paid much attention to. KiwiSaver is a government initiated savings scheme for New Zealanders.

KiwiSaver is a great way to help build a deposit for your first home, or for your retirement nest-egg.

You need to pay a little bit of attention to it, in particular;

• What fund you’re in (e.g. what level of risk you are comfortable with)

• Who your provider is (e.g. the company who manages your KiwiSaver)

• How much you pay in fees (e.g. the monthly or annual fees charged by the provider)

• How your KiwiSaver is performing (e.g. returns).

Your appetite for risk may change depending on where you’re at in life, so it’s important you know how you’re investing your money to make the most out of it.

The other incentive of investing in KiwiSaver, is the Government matches 50 cents of every dollar you invest, up to $521 per year. That’s $521 free money from the government, if you put in $1,042 per year (or a 50% return on your investment).