Muzzfishing wrote: I started a kiwi saver scheme for my kids so they would get the $1000.00 start up in there account about 3yrs ago, now they only have $900.00 losing money every year. Be careful and do some research. |
Muzzfishing wrote: I started a kiwi saver scheme for my kids so they would get the $1000.00 start up in there account about 3yrs ago, now they only have $900.00 losing money every year. Be careful and do some research. |
hookerpuka wrote:
Really ? I started mine 4 years ago and it now has about 27k in it... |
Structfab wrote:
kids don't have % of income going in each year. the question is if you'd saved 4% of your income over 4 years, and invested in term deposits and the like, would you have more then that $27K? |
jaydogfish wrote:
Are you serious? How would you have more? Your employer puts in atleast 2% and the government puts in a bit every year 500-1000. You can pick a scheme to be high or low risk. I think you should be more worried about the whole thing getting canned like the last few retirement schemes but i doubt this will happen. |
Muzzfishing wrote: I started a kiwi saver scheme for my kids so they would get the $1000.00 start up in there account about 3yrs ago, now they only have $900.00 losing money every year. Be careful and do some research. |
Ab_Fab wrote:
Hmmm, so you are still $900 better off for each child than if you would not have started a Kiwisaver at all as the govt put in the $1000? Also no point looking at these type of investments after 3 years, they are for the long term and will go up and down in that time |
Cbro wrote: I might have joined kiwi saver if I was employed not self employed... |
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