Services We Offer…
Why look at your KiwiSaver, Personal Insurance or Mortgage?
KiwiSaver
KiwiSaver providers can have a significant impact on your retirement savings, and making the right choice is essential. Here’s an objective reason to consider changing your KiwiSaver provider: The performance of your KiwiSaver fund directly affects the size of your retirement savings. Different providers offer varying levels of returns and charge different fees. If your current provider consistently underperforms or charges higher fees compared to others offering similar investment strategies, it could erode your long-term savings.
Consider this: A difference of just 1% in annual returns can amount to tens of thousands of dollars over the life of your KiwiSaver account. For example, if you save $200,000 by retirement with a fund earning 6% annually, switching to a provider offering 7% could grow your savings to over $280,000.
Even small differences in fees or returns compound significantly over decades. Reviewing your provider’s performance, fees, and alignment with your financial goals can ensure you’re maximizing the potential of your retirement savings.
Changing KiwiSaver providers isn’t just about better returns; it’s about taking control of your financial future. Regularly reviewing and, if needed, switching providers ensures your investments are working as hard as you are.
Would you like help comparing KiwiSaver providers or understanding how to assess your current fund’s performance?
Personal Insurance
Personal insurance, such as life, health, income protection, or trauma insurance, is a vital financial safeguard that ensures you and your loved ones are protected against life’s unexpected challenges. Here’s an objective reason why someone should consider purchasing personal insurance: Personal insurance provides financial support in situations where you are unable to earn an income due to illness, injury, disability, or death. It ensures that your family can maintain their lifestyle, cover essential expenses, and avoid financial hardship during challenging times.
Consider this: If you suddenly became unable to work due to a severe illness, how long could you maintain your current lifestyle without an income? For many, the answer is just a few months. With income protection or trauma insurance, you could receive a regular payout to cover living costs, reducing stress and ensuring financial security.
Your ability to earn an income is one of your most valuable assets. Without personal insurance, unexpected events could jeopardise your financial goals, from paying off your mortgage to providing for your family’s future. Insurance bridges this gap, offering peace of mind and stability when it’s needed most.
Personal insurance is not about expecting the worst but preparing for it. It allows you to focus on recovery and resilience, knowing that your financial obligations are covered. By securing the right coverage, you’re not just protecting yourself but also providing for the people who depend on you.
Would you like guidance on selecting the type of personal insurance that best aligns with your current needs and future goals?
Mortgage
Choosing the right mortgage provider is a crucial financial decision that can significantly impact your long-term financial well-being. Here’s an objective reason to consider switching mortgage providers: Mortgage interest rates vary between lenders, and even a slight difference in rates can translate into significant savings over the life of your loan. Additionally, some lenders offer more flexible repayment options, such as allowing extra payments without penalties, offset accounts, or the ability to switch between fixed and variable rates.
Consider this: On a $500,000 mortgage over 25 years, a difference of just 0.5% in the interest rate could save you over $50,000 in interest payments. Moreover, having flexible repayment options can help you pay off your mortgage faster, saving even more in the long run.
Your mortgage is likely your largest financial commitment. Staying with a lender offering less competitive rates or rigid terms could cost you thousands. Regularly comparing lenders ensures you’re not overpaying or missing out on features that better suit your financial goals.
Switching mortgage providers isn’t just about chasing the lowest rate; it’s about aligning your mortgage with your lifestyle and financial aspirations. By taking the time to review your mortgage periodically, you can reduce costs, pay off your loan faster, and build financial resilience.
