Kickstart your KiwiSaver in 2024 📈

We have come up with five tips KiwiSaver members can use to help bolster their savings accounts. Now is as good a time as any to think about how you are invested in KiwiSaver and take positive action on what will be one of your biggest and most important assets in the future. Here are Compound Wealth’s top five tips on how to maximise your KiwiSaver in 2024

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Adam Stewart
What’s the best performing KiwiSaver Scheme? September 2023 Update

Whats the best performing KiwiSaver Scheme? We assess the latest Morningstar KiwiSaver Survey as at 30 September 2023 and breakdown the top 3 best performing KiwiSaver funds in each multi-sector category. Please note past performance is not an indicator of future performance. For KiwiSaver advice please complete our KiwiSaver discovery quiz at www.compoundwealth.co.nz/kiwisaver

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Adam Stewart
Self-Employed? Why KiwiSaver is worth it

Many self-employed people don’t see the benefit of KiwiSaver so miss out on the rewards.

They know they won’t get the employer contribution, therefore, are hesitant to lock any of their money away until retirement. They also see it as their tax money that pays for the government contributions, so where is the real benefit?

If you’re self-employed your income may also be irregular and uncertain, so paying into KiwiSaver may be at the expense of paying other bills like your mortgage. Effectively, it can seem like trading your safety net today for some certainty in retirement.

However, an auto payment of just $20 per week will see you reach the maximum government contribution, or alternatively you can invest the $1042.86 when you have the money. This ensures that you aren’t leaving the government contribution of $521.43 on the table.

To better explain the benefits KiwiSaver can offer the self-employed, let’s take a look at an example:

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Adam Stewart
What is Life Insurance?

Life insurance is a type of insurance policy that provides financial protection to the policyholder's loved ones or dependents in the event of their death. It is important to carefully review the terms and conditions of any life insurance policy to ensure that it meets your needs and provides the level of protection you require.

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Adam Stewart
Life Insurance: How Much Do You Need?

It may seem like a daunting question as it's a topic nobody wants to think about. Life insurance is more expensive the older you are, so getting things in place as early as possible is the best way to ensure you will pay less over the long run. However, you shouldn't rush into buying the first policy you see. Your level of insurance coverage should be carefully considered from the outset to ensure it is suitable for your circumstances. Here are some practical tips for calculating what is the right amount for you. 

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Adam Stewart
Maximise your KiwiSaver in 2023 📈

We have come up with five tips KiwiSaver members can use to help bolster their savings accounts. Now is as good a time as any to think about how you are invested in KiwiSaver and take positive action on what will be one of your biggest and most important assets in the future. Here are Compound Wealth’s top five tips on how to maximise your KiwiSaver in 2023.

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Adam Stewart
What are the big insurance mistakes?

When you take out an insurance policy, you’re counting on it being there for you when you need it. But some simple mistakes can mean you don’t have the cover you expect. Here are some of the things that get in the way of New Zealanders getting the best results from their insurance policies.

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Some Holiday Perspective

As the holiday season approaches, it’s a good chance to sit back and reflect on what really matters, away from the day to day activity that accompanies us through the year. Those who have been following markets in 2022 will know that returns so far have not been great with investors remaining worried about high inflation, slowing growth and aggressive rate hikes.

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5 Things You Should Know About A Bear Market

When stock market prices decline and a bear market occurs, it provides investors with the ideal opportunity to buy. This is assuming that the market will recover which is highly possible but it does provide opportunities to purchase some of the best stocks in the market at a good price with the hope that they will deliver excellent returns in the long term.

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Adam Stewart