Your KiwiSaver isn’t just one big pot of money—it’s invested in a specific fund that matches your goals and risk tolerance. Choosing the wrong fund can mean missing out on tens of thousands of dollars by the time you retire. At AdviseNow, we help you find the right fit.
Conservative, Balanced, or Growth?
Conservative funds are lower risk and focus on protecting your capital. Growth funds are higher risk but offer the potential for much higher returns over the long term. Balanced funds sit somewhere in the middle. Your choice should depend on your “time horizon”—how long until you need the money.
The Cost of Being in the Wrong Fund
If you’re young and in a conservative fund, you might be playing it too safe and missing out on growth. Conversely, if you’re about to buy a house, being in a growth fund is risky because a market dip could shrink your deposit right when you need it.
Key Takeaways
- Match your fund type to your investment timeframe.
- Growth funds are generally better for long-term retirement savings.
- Conservative funds are better if you need the money within 2-3 years.
Disclaimer: This information is general in nature and does not constitute personalised financial advice.
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