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Kiwi Saver : how to make it work for you

Author: Mary Holm
Publisher: Auckland, N.Z. : Random House New Zealand, 2007.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"If you are under 65 - regardless of your circumstances - you should join the new KiwiSaver savings scheme, even if you have to borrow to do so. You'll get a kick-start of $1000 plus up to $1040 more each year. If you're an employee, your boss will also contribute. And if you don't own your home, there's a generous subsidy towards buying one. True, your money will be tied up until NZ Super age in most cases. But  Read more...
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Details

Document Type: Book
All Authors / Contributors: Mary Holm
ISBN: 9781869419318 1869419316
OCLC Number: 174082845
Notes: Cover title.
Includes index.
Description: 123 pages : illustrations ; 15 cm
Contents: PART ONE: What is KiwiSaver? ; Let's go! ; Won't NZ Super take care of us? ; Features of KiwiSaver ; How it all works ; More about the goodies ; Tax issues ; More info for non-employees ; PART TWO: Why most people should sign up for KiwiSaver --
now or later ; Advice for the uncertain ; PART THREE: Which KiwiSaver scheme is right for you? ; The first thing to understand: higher risk = higher average expected returns ; Which assets should you invest in? ; Five ways to reduce investment risk ; Choosing a provider ; For more info and to keep up.
Other Titles: KiwiSaver
Responsibility: Mary Holm.

Abstract:

"If you are under 65 - regardless of your circumstances - you should join the new KiwiSaver savings scheme, even if you have to borrow to do so. You'll get a kick-start of $1000 plus up to $1040 more each year. If you're an employee, your boss will also contribute. And if you don't own your home, there's a generous subsidy towards buying one. True, your money will be tied up until NZ Super age in most cases. But there are ways to reduce that impact. That - and much more - is what this little book is about. The government gives you the KiwiSaver rules; Mary Holm tells you what they mean for you, and how you can make the most of them. There are so many questions: How should you invest? How much? Should you join if you have high-interest debt? Can your children join? What if you are self-employed? A beneficiary? Planning to leave the country?"--Author's website.

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