Why is it so important to get KiwiSaver contributions right?
Because your future depends on it! Your contribution rate in KiwiSaver is one of the key factors that determines how much you’ll save for your first home deposit (and how fast) and how much you’ll have in retirement. It’s in your best interests to get this right. Some people contribute the minimum of 3% because that’s all they can afford. Others pay the minimum when they can afford to pay more, but then spend their discretionary on junk. The key is to contribute what is appropriate for your personal circumstances and consistent with your goals.
How can I work out what contribution is right for me?
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The perfect GETAWAY
From lengthy airport clinches to party ghosting, Michéle examines goodbyes
Message in a BOTTLE
Kevin makes a discovery in his shed that piques his detective skills
Empowered & thriving! PERFECT AT ANY AGE
Weekly editor Marilynn bravely shares her bold new approach to living her best life at 50 and beyond
Nature goals FIND YOUR GREEN SPACE
From stressed to refreshed! Lifestyle medicine practitioner Dr Jenny Brockis shares the simple steps you should adopt to give your wellbeing a boost
Nature & the city KELLY & MARLEY'S WILD PROJECT
The podcaster’s eyes have been opened to a new way of life
TikTok star Paris 'I'M BRINGING OUR KAI TO THE WORLD
After a tough start to motherhood, the foodie tells how she reclaimed her life
Love and the city! WENDYL'S CHANGE OF HEART
After a decade in the country, she’s given up the good life to return home
New TV star Andy 'I THOUGHT BEIN AN ALL BLACK WAS TOUGH!' Кро
It was a big shift channelling his talent into the hit show Moving Houses, but the sporting legend is a natural
Babies and beyond! INES HEALS BRAD'S HEART
The actor is embracing life with his zero-drama’ partner
Spreading the joy SIR ASHLEY'S KINDNESS CLUB
The Kiwi health legend is taking a jab at teaching kids important life skills
