The 3 most important things to do with your KiwiSaver:
1. Join. And keep contributing.
– What 2 years delay can cost you.
2. Use a higher-risk fund — usually.
– You will probably end up with much more.
3. Choose a low-fee fund.
– The wide range of fees, and the difference it makes.
A bit of bitcoin?
– Top performing KiwiSaver bitcoin fund
– Possible reason it’s done so well lately
– But many risks
Q&As:
– Investment lessons might beat lectures
– Adjust both CGT and income tax for inflation
– Include shares in CGT
– An interesting website
– Death duty — the tax nobody avoids
– Superannuitants not like students
– A wonderful windfall
– Reader doesn’t want to inherit
Stay put in higher-risk KiwiSaver fund
– Markets WILL drop again some time. Your balance may halve.
– Last big drop — the Covid crash — many reduced risk.
– How much worse off are they now and in retirement?
– Only two good reasons to reduce fund risk.
Q&As:
– A tip on teen spending
– Could growth of index funds ruin the share market?
– Do extra saving outside KiwiSaver
– Stay in high risk near retirement?
– Should capital gains be adjusted for inflation?
Q&As:
– Getting KiwiSaver off to a good start in your 20s
– Clever tax idea not so clever
– 2 Q&As on rental mortgage interest deduction
– “Little old lady” phrase disliked…
– … But another reader is happy
– Disappointment about laddering
How would you do in this financial knowledge test? Plus silly reasons for not being in KiwiSaver
– 4 questions about personal finance
– Old did better than young, and women did better than men
– 7 reasons given for skipping KiwiSaver are all faulty
Q&As:
– Tips for a 26-year-old on how saving for a home
– A 50% house price drop? 30% has happened
– Changes strengthen landlord argument
– Tough gifting rules for elderly care subsidy
– One way around the care subsidy rules?
– Divorce not the answer unless real
Investing in overseas shares is for everyone
– Why investing in NZ shares only is not wise
– Why go with the whole world, not individual countries
– Easiest way to invest internationally
– Ways to reduce risk
– Disloyal to NZ?
We’re getting smarter with our KiwiSaver choices
Total funds nearly $100 billion — although dropped in 2022
4 good trends:
– More in growth funds
– More choice for investors
– Fees falling
– Good international investing
Correction about how long it takes employee contributions to reach providers