Today I wanted to answer a question that was asked by Linda. She is interested in looking at the pros and cons of taking her KiwiSaver as a PENSION versus a LUMP SUM invested in the bank and using the interest to supplement her government super…
All tagged KiwiSaver
What about the bit in the middle: Medium Term Investing
The very first thing I would do is set up an automatic transfer to syphon off a set amount of money each week into a sub account with your bank and give it a flash name like “IKMSMOI” (investments keep my sticky mitts off it).
KiwiSaver Fee and Performance Comparison
I’ve been hearing from a few of you because you have been opening up your KiwiSaver account statements at this time of the year. And there have been a few unexpected surprises in there.
The 4% Rule
Have you ever thought “How much do I need to save for my retirement”? I certainly have. Professor’s from Trinity University in America created a study that looked into a sustainable withdrawal rate and to cut a long story short, they came up with the 4% Rule.
KIWISAVER FOR KIDS: Is this the best investment tool?
KiwiSaver is one of many investment tools you can put in your little kiddies tool box. I have a daughter who is now ten and I signed her up when she was born. It was darn hard holding her little cute pudgy hand and getting her to sign the paperwork I can tell you, but we got there in the end!
Dropping markets - Should I panic?
What’s up with my KiwiSaver balance? It's dropping!? At the end of each month I check my balance so I can update my net worth spreadsheet and usually the balance has increased. Not so over the last few months and here is my proof…
KiwiSaver First Aid
I am staging a KiwiSaver INTERVENTION on myself! Today’s post is an excellent example of “no one looks after your money as well as you do”. I have to fix up my KiwiSaver account, but it’s OK, I’m trained in KiwiSaver First Aid!
How does a teenager create a strong financial future?
Olivia spent the school holidays working hard and she has found herself with that wonderful problem, too much cash sitting in the bank. In this blog post, I detail a strategy to show her how to make her hard earned money work for her and create a strong financial future for herself.
End of Year Spruce Up
I spend a lot of time at my computer and my “household spreadsheet” is often open and it was while I was looking at this that I thought perhaps it was timely that I have a bit of a financial spring clean.