We know that is can be unsettling to see your KiwiSaver balance going up and down during periods of market volatility. In this video, Senior Wealth Management Adviser, Laura O’Reilly, explains why it’s often best to sit tight, stay focused on your long-term goals and keep doing what you’re doing.
For investors who have 5 years or more left in their investment journey, periods of market weakness can be considered a real opportunity to enhance their long-term KiwiSaver return.
If you continue to contribute to your KiwiSaver investment while markets are down, your contributions are buying more units. Effectively it’s like the units are on sale. This means that when markets recover, your growth will be accelerated as you own more units.
Don’t miss out on free money
Regardless of market movements, you also don’t want to miss out on free money. If you meet the criteria, you could be getting $521.43 from the government contribution each year. Simply make sure you are contributing at least $1042.86 to your KiwiSaver account each year. There’s more information about this on our
Get in touch