KiwiSaver is a very attractive way of investing and should form the core of your retirement savings. The scheme is designed to make saving for your future straight-forward.
If you are employed, your employer will do most of the work for you; – your contributions are deducted from your wages, automatically.
When your employer enrolls you, chances are that you may be in a default investment portfolio that isn’t quite right for you. At Pecxer we believe that investors want to make the most out of their KiwiSaver investment and as a result, they want to be more involved in deciding their contribution rate and finding the right mix of investment and how these choices could likely affect them. We would like to partner with you in making a more informed decision about your KiwiSaver.
The benefits of KiwiSaver include
A great first investment for your children. KiwiSaver for Children can provide them with a nest-egg that is locked away to help set them up for later in life.
Letting your money work for you is a key component of saving for retirement. Compound interest, dollar-cost averaging, tax deferred savings,
“…and diversification help lower your risk and boost your return on investment over time. Compound interest is the interest on your principal plus interest on the interest you earned previously. For example, a single investment of $10,000 at 5% compounded annually earns $10,789 in interest over 15 years for a net amount of $20,789. Straight interest would accrue at the rate of $500 per year, $7,500 in total interest, for a net amount of $17,500. When interest is reinvested and compounds at 5%, it adds another $3,298 to the value. That is the magic of compound interest.”
invested.co.nz Published on Aug 23, 2015
Click button below to answer 4 easy questions on your KiwiSaver knowledge
Partnering with you to create financial comfort and build a legacy!
©2017. Pecxer. All Rights Reserved. || Site Manager
