Not all KiwiSaver funds
are created equal.
Used well, KiwiSaver is a great scheme that can provide you with a real boost - either when you come to buy a home, or later in life.
There are over 27 KiwiSaver providers and about 114 different products, it’s vital you get the right advice and leave nothing to chance.
We've done - and continue to do - the research, and with our depth and breadth of investment management expertise (over 20 years’ of it!) we have selected, in our opinion, only the very best funds to include in our Approved List of Providers.
We can help advise you on which KiwiSaver funds and structures are best for your financial situation.
KiwiSaver to help you into your first home
Let us help you access your KiwiSaver and open the door to your new home!
If you are a first home buyer, you can withdraw from KiwiSaver all your savings, employer contributions, member tax credits, and investment earnings to purchase your first home. (Essentially, you can withdraw everything you have in KiwiSaver except the $1000 government kick-start if you initially received this).
Want to know if you qualify? Here are some key questions to see if you meet the criteria to use your KiwiSaver for your mortgage deposit:
1. Have you been a member of KiwiSaver for a minimum of 3 years and made the minimum contribution for each year?
2. Have you never owned a house or land before? (There is an exception to this: if you have previously owned a property but you’ve never used your KiwiSaver to assist with a deposit, you may still be eligible to withdraw from your KiwiSaver account! There are some important criteria to this - contact us to discuss it further.)
3. Have you never made a withdrawal from a KiwiSaver scheme to purchase a home before? (As above, you may still qualify if you have previously owned a house before but never used KiwiSaver for a deposit - get in touch with us to discuss.)
4. Is the house or land you are purchasing in NZ intended to be your principal place of residence? A rental investment property does not qualify for this.
5. Is your income below the current stated threshold for either a single or joint income?
6. Are you 18 years old or older? (applicants must be over 18 to qualify)
7. Are you a NZ citizen or permanent resident?
Whatever your answers, all is not lost and we can often still help. Why not book an initial consultation to see how we can help you reach your financial goals.
KiwiSaver for your retirement nest egg
Saving for your retirement is critical to enjoying a good life in your golden years. Used well, your KiwiSaver is a great scheme that will provide you with a real boost in later life.
But it’s essential to select the right KiwiSaver product and fund. After all, you’re investing in assets that you assume will be there when you need them.
There are over 27 KiwiSaver providers and about 114 different products and they’re not all created equal. We've done (and continue to do) our research and with our depth and breadth of investment management expertise have selected, in our opinion, only the very best funds to include in our Approved List of Providers. We can help advise you on which funds and structures are best for your financial situation.
Will you have saved enough money when you retire to live comfortably? And will KiwiSaver alone be sufficient for your retirement savings? We can figure out how much you need to have when you retire, find out if your KiwiSaver balance will get to that level in the time you have remaining, and then put a strategy in place to bridge any gap.
Contact us today for a consultation, and let’s get you on the road to a golden retirement.
Take away the
guesswork with the
help of our KiwiSaver advisors
Let’s Chat!
Ready to meet? Just fill in this form
- we’ll get back to you within 24 hours!
Or if you’d rather chat now, call or text message Craig:
Text 027 667 2537
Call 0800 672 537
We're available Monday to Friday 8am - 6pm and Saturdays 9.30 - 12.30.
We’re based in Tauranga, Bay of Plenty
but cover the whole of New Zealand.
The WealthHealth team are not only mortgage brokers, we’re also full financial advisors offering Insurances, KiwiSaver fund assistance and much more. We’re based in Tauranga, but help people right across New Zealand.