The family home. You’ve worked hard to pay off your mortgage on it. You’ve lived, loved, and laughed in it. You’ve cleaned it, maintained it – maybe even renovated it. But now the kids have left, and it feels too big, or too empty. Or it’s just too much work to wash the windows and mow the lawns.
As you head into retirement, selling up can make sense for many reasons. You might want to lower your bills, or move closer to family, or to healthcare, or to the beach. Maybe you’re eyeing an inner-city apartment so you can declutter and try a different lifestyle. Or perhaps you just want to release some of your wealth for other things.
Make the most of your home’s value with a good strategy
In New Zealand, owning a home is the top reason people feel confident about their retirement savings. And with good reason. Your home is worth a lot, and its value has likely risen significantly. It’s a great asset to make the most of.
If you sell, you need a good strategy. You may need your retirement money to live on, to have fun with, or to help out kids and grandkids. To meet all those goals, you’ll need to make sure your hard-earned money isn’t eaten up by inflation.
You may be retired for 20 or 30 years. Long enough that it’s important that your money continues to work hard for you. It’s a big decision so it’s a good time to get some financial advice, to help you make the best choices for you.
Managed funds could help protect and grow your wealth
One option which can help you make the most of your money is investing in managed funds.
Managed funds keep your money working while giving you the flexibility to add to, and withdraw from, it as needed. You choose the fund that best suits your investment goals, how long you wish to invest for and your appetite for risk. Some funds focus on growth assets like property and shares, and some on lower-risk assets like cash and fixed interest and they are managed for you by professional fund managers. You can decide how much to invest in each fund depending on your goals and stage of life. If your goals change, you can easily update your investments to match.
Investing this way takes little effort from you, there’s no need to buy and sell or watch the market — the fund manager does all the hard work.
Fisher Funds Managed Funds make investing simple
At Fisher Funds, our Managed Funds are actively managed by our investment team, so you can focus on what matters to you most. Whether you’re just starting on your investment journey, or you’re well on your way we have a range of funds to help you reach your ambitions.
Want to learn more?
Request an info pack if you’d like to learn more about Fisher Funds Managed Funds. Or if you’d prefer to speak with someone, you can request a call from one of our experienced advisers who can help you decide if managed funds are right for you.
If you’re ready to open a Managed Funds account, joining online is easy and only takes a few minutes.
