Long tie-up in KiwiSaver no big deal. A Canterbury reader is concerned about whether to recommend KiwiSaver to his daughters. “For someone in their early twenties, the monies invested in KiwiSaver — even if a contribution holiday is taken — will be tied up for some 40 odd years,” he writes.
Q&As: A reader challenges my advice last week about postponing a first home purchase for three years; How to get around the income cap on the KiwiSaver first home subsidy; How to get around the three-year requirement for KiwiSaver first home assistance; Another reader challenges me — on my advice on whether to sell a Mangere Bridge house or a Whangamata house; The merits of coin tossing; Maybe Lotto will make reader’s decision easier.
Q&As: Couple wondering whether to buy a home now or in three years could gain thousands from joining KiwiSaver; You can’t get in early on the KiwiSaver first home withdrawal and subsidy.
Q&As: Is it better to sell a Mangere Bridge property or a Whangamata property?; Reader who switched to riskier fund, and saw immediate loss, wonders if she should switch back; Share markets have performed really well lately; Two letters about KiwiSaver and “total remuneration”, in which employees more or less pay their own employer contributions.
Q&As: One reader loathes KiwiSaver, while the next one loves it. But both don’t fully understand it; A former hippie gets a bit carried away.
Q&As: Delaying joining KiwiSaver can mean you’ll miss out on many thousands of dollars; How retired person can get the best out of KiwiSaver; Couple should use PIEs to make the most of their savings.
Q&As: Just because a so-called financial expert is confident, that doesn’t mean he or she is right; If you haven’t worked for a while any time in the last five years, you may well be in for a tax refund; Don’t delay joining KiwiSaver, even if you’re worried that you could be made redundant; KiwiSaver tax credit lark for the newly retired is too good to be true.
Q&As: Wealth doesn’t have to equal filth — New Zealanders’ attitude to money may leave them more worried about financial issues; Take your pick between share fund managers who try to outperform the market and those who don’t; Members of work super schemes can do well by also being in KiwiSaver.
Q&As: Reader’s sad story about racing tips company; Horse breeder and racer gives his perspective on tips companies; When is a KiwiSaver cash fund not a cash fund?
Q&As: Steps a middle-income family can take towards buying their own home; Scams not always easy to spot; The presence of family trusts could prevent governments from means testing NZ Super; Has the worst already happened for kids in KiwiSaver?