{"id":16434,"date":"2016-03-17T05:17:53","date_gmt":"2016-03-17T05:17:53","guid":{"rendered":"https:\/\/stratusnz.nz\/?page_id=16434"},"modified":"2025-07-10T16:15:15","modified_gmt":"2025-07-10T04:15:15","slug":"retirement","status":"publish","type":"page","link":"https:\/\/stratusnz.nz\/index.php\/retirement\/","title":{"rendered":"Retirement"},"content":{"rendered":"<p>[vc_row row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; css_animation=&#8221;&#8221;][vc_column width=&#8221;1\/6&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;10&#8243;][vc_text_separator title=&#8221;Retirement Savings&#8221; border=&#8221;no&#8221;][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;10&#8243; up=&#8221;10&#8243; down=&#8221;40&#8243;][vc_column_text]<br \/>\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong><span style=\"color: #967d89;\">Will you have the income needed to live the lifestyle you desire in retirement?<\/span><\/strong><\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">Retirement affects us all and many people are unclear about how much money they need to sustain their desired lifestyle in retirement. In today&#8217;s world you could easily enjoy 20 or 30 years of active retirement and your choices are only limited by your health and savings. <\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">We are here to help ensure you have enough money to live out all your dreams and adventures in retirement. With good planning, sensible investments and sound financial advice you can relax knowing you have everything in place to enjoy a secure and fulfilling retirement.<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong><span style=\"color: #967d89;\">KiwiSaver \u2013 A Brief Introduction<\/span><\/strong><\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">KiwiSaver is a voluntary, government-supported retirement savings scheme in New Zealand.<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">It was introduced in 2007 to help New Zealanders save for retirement, although it can also be used to help buy a first home.<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong><span style=\"color: #967d89;\">Key features of KiwiSaver:<\/span><\/strong><\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<\/ul>\n<ul>\n<ul>\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><strong>Contributions: <\/strong>Employees contribute a percentage of their gross salary at 3%, 4%, 6%, 8%, or 10% (increasing 1\/4\/26)<\/span>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<\/ul>\n<ul>\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><strong>Employers: <\/strong>may contribute at least 3% depending on employment contract (increasing 1\/4\/26)<\/span>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<\/ul>\n<ul>\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><strong>Government contributions: <\/strong>eligible members can receive up to $261 per year if they contribute at least $1,042 in the KiwiSaver year<\/span>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<\/ul>\n<ul>\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><strong>First home purchase: <\/strong>After three years, members may be eligible to use KiwiSaver savings to buy their first home<\/span>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<\/ul>\n<ul>\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><strong>Retirement access: <\/strong>Funds are generally accessible at age 65<\/span>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<\/ul>\n<ul>\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><strong>Hardship: <\/strong>hardship withdrawals may be applied for on medical or financial grounds<\/span>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<\/ul>\n<ul>\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><strong>KiwiSaver year: <\/strong>1 July to 30 June<\/span>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<\/ul>\n<ul>\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><strong>Post 65 years: <\/strong>KiwiSaver may be retained as a money management tool after age 65<\/span>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<p><\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">KiwiSaver accounts are managed by private providers, and members can choose investment funds based on risk and return preferences.<\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 14pt;\"><strong><span style=\"color: #967d89;\">Who can join KiwiSaver?<\/span><\/strong><\/span><\/p>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">You can join KiwiSaver if you\u2019re:<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul><\/ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">Under the age of eligibility for New Zealand Superannuation (currently 65),<\/span>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">A New Zealand citizen, or entitled to live in New Zealand indefinitely, and<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\"><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">Living or normally living in New Zealand.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<\/ul>\n<p><\/span><\/p>\n<ul>\n<p><span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">Enrolment in KiwiSaver will be automatic for all those starting a new job (with some exceptions), although employees automatically enrolled will have the chance to opt out (within a specified timeframe). &nbsp;Other people can choose to opt in to KiwiSaver but can\u2019t then opt out.<\/span><\/p>\n<p>[\/vc_column_text][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;10&#8243; up=&#8221;10&#8243; down=&#8221;60&#8243;]<div class=\"call_to_action normal\" style=\"background-color: #f8f8f8;border-top: 1px solid #b7b755;\"><div class=\"container_inner\"><div class=\"two_columns_75_25 clearfix\"><div class=\"text_wrapper column1\"><div class=\"call_to_action_text  letter_spacing_inherit\" style=\"letter-spacing: 2px;\"><span style=\"color: #b7b755;\">Secure Your Retirement<\/span><\/div><\/div><div class=\"button_wrapper column2\"><a href=\"contact\/\" class=\"qbutton white \" target=\"_self\" style=\"color: #ffffff;border-color: #b7b755;background-color: #b7b755;\"data-hover-background-color=#ffffff data-hover-border-color=#b7b755 data-hover-color=#b7b755>Contact Us<\/a><\/div><\/div><\/div><\/div>[vc_separator type=&#8221;transparent&#8221; thickness=&#8221;10&#8243; up=&#8221;10&#8243; down=&#8221;60&#8243;][vc_column_text]<\/p>\n<p>[\/vc_column_text][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;10&#8243; up=&#8221;10&#8243; down=&#8221;60&#8243;][\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row]<\/ul>\n\n\n<p>[vc_row_inner row_type=&#8221;row&#8221; type=&#8221;full_width&#8221; text_align=&#8221;left&#8221; css_animation=&#8221;&#8221;][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_column_text]<small style=\"text-align: justify;\"><br \/>\n<span style=\"font-family: arial, helvetica, sans-serif; font-size: 11pt;\">This website is operated by Stratus Financial Services Limited and is not endorsed by, or affiliated with, the New Zealand government or Inland Revenue. Stratus Financial Services Limited is using the KiwiSaver trade mark and logo under licence from Inland Revenue. To view the official New Zealand government KiwiSaver website, please click&nbsp;<img><a href=\"http:\/\/kiwisaver.govt.nz\/\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/small>[\/vc_column_text][vc_separator type=&#8221;transparent&#8221; thickness=&#8221;10&#8243; up=&#8221;10&#8243; down=&#8221;60&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][\/vc_row_inner]<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"[vc_row row_type=\"row\" use_row_as_full_screen_section=\"no\" type=\"full_width\" angled_section=\"no\" text_align=\"left\" background_image_as_pattern=\"without_pattern\" css_animation=\"\"][vc_column width=\"1\/6\"][\/vc_column][vc_column width=\"2\/3\"][vc_separator type=\"transparent\" thickness=\"10\"][vc_text_separator title=\"Retirement Savings\" border=\"no\"][vc_separator type=\"transparent\" thickness=\"10\" up=\"10\" down=\"40\"][vc_column_text] Will you have the income needed to live the lifestyle you desire in retirement? Retirement affects us all and many people are unclear about how much...","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/pages\/16434"}],"collection":[{"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/comments?post=16434"}],"version-history":[{"count":86,"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/pages\/16434\/revisions"}],"predecessor-version":[{"id":18263,"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/pages\/16434\/revisions\/18263"}],"wp:attachment":[{"href":"https:\/\/stratusnz.nz\/index.php\/wp-json\/wp\/v2\/media?parent=16434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}