KiwiSaver is a voluntary work-based savings scheme set up by the government to encourage New Zealanders to save for their retirement. If you're employed, you can choose to contribute 3%, 4%, 6%, 8% or 10% of your gross (before-tax) wage or salary to your KiwiSaver account.
Pensions can be complex, so you must obtain the right advice from a qualified Financial Adviser. Suppose you’ve emigrated from the United Kingdom or returned to New Zealand after working in the UK. In that case, it is essential to consider the options for the pension you’ve saved carefully.
How much you’ll need to save will depend on your circumstances, but the sooner you start, the more you will have. Some of the questions we can help you answer are:
- How much capital will you need?
- Where will your money come from?