Even seasoned investors can benefit from KiwiSaver
With KiwiSaver I take comfort from knowing my savings are being actively managed at all times and I benefit from having a team of professionals looking after my little pot.
KiwiSaver has not only been really successful in helping people realise the need to save for their retirement but it has made it more accessible and easier than ever before. For many people like David Bayliss, KiwiSaver is only one part of their retirement savings plan but the benefits of having professionals look after your money is clear to see.
"When KiwiSaver came along I jumped at the chance to join. The incentives to save, or the rewards as I saw them, were too good to ignore. Although I also invest directly in the share market, I have thought of my KiwiSaver account as a 'bottom drawer' investment where I have been able to put money away and know that I cannot touch it.
"The closer I get to retirement, the more I realise how expensive it is going to be so I really like the discipline KiwiSaver imposes on me — to set aside savings in a KiwiSaver fund that has a good history of performance in growing my hard earned savings.
"I've been with Fisher Funds KiwiSaver almost from the beginning. It's been pleasing to see the steady rise in my account balance over the years. I'm now really starting to see the impact of time and compounding returns driving my savings higher.
"It has also been interesting to note that the fund has performed just as well as my own direct investment portfolio, but with me giving it a lot less attention! I enjoy running my own portfolio but it can eat up a lot of time, whereas with KiwiSaver I take comfort from knowing my savings are being actively managed at all times and I benefit from having a team of professionals looking after my little pot. So I have learnt to trust that Fisher Funds will manage my KiwiSaver portfolio wisely and so far, so good.
"With only nine years to go now until I expect to retire (maybe even sooner!), I feel I've made good progress. I plan on making the most of what's left of my working life and my ability to save. With Fisher Funds on my side, I know this part of my nest egg is in good hands. Keep up the good work."