Is it right for me?

On this page find out about the main reasons you should join KiwiSaver with links to information that may be relevant to your individual circumstances.

• You know you need to save for your retirement.
• KiwiSaver's many incentives and features make it a great way to save.
• The money is yours and it's invested on your behalf.
• You don't have to save that much now, but it really stacks up over time.
• Start now and you could have a significant nest egg.

Why should I join KiwiSaver?

KiwiSaver is a great way to save and all the KiwiSaver incentives and benefits may well make it right for you.

You know you need to save for your retirement.

• It is hard to ignore the simple facts - most of us are likely to live well into our 80's and surviving on NZ Superannuation alone is likely to make things very tight.
• If you are hoping for a comfortable retirement, you need to make extra plans and start saving now.

KiwiSaver's many incentives and features make it a great way to save.

• Very few other savings plans offer the benefit of both employer contributions and Government contributions and KiwiSaver's flexibility makes it easier to save through different stages of your life.
• Find out how it could benefit these different life stages
  • Children
  • First job
  • First home savers
  • Mortgage holders
  • Self-employed
  • Not employed
  • Already saving
  • Nearing retirement

The money is yours and it's invested on your behalf.

• Your KiwiSaver savings are invested in your name with the private companies that run KiwiSaver schemes - like ASB Group Investments (a subsidiary of ASB Bank Limited) who manage the ASB KiwiSaver Scheme. And you get to choose which company looks after your savings.
• Your savings will be paid out to you when you become eligible to take out your retirement savings (or earlier in certain circumstances)

You don't have to save that much now, but it really adds up over time.

• It is a simple fact of saving: the earlier you start the more you will have tucked away as a nest egg and with all the extra benefits of KiwiSaver, can you really afford not to save?
• For every pre-tax $10,000 you earn, 2% will be around $3.85 a week, so if you earn $60,000 that's around $23 a week. To work out exactly how much your contributions would be, use the Sorted KiwiSaver calculator.
• After you have been contributing to KiwiSaver for a year you can choose to take a contributions holiday for between three months and five years. But if you stop saving, any employer contributions and the member tax credits will stop too.

Start now and you could have a significant nest egg.

• Your contributions, plus any Government and employer contributions really do all stack up over time. Starting now can help you on the way to a comfortable retirement.