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Why you should open a KiwiSaver account for your kids

Published on 10/07/2023




KiwiSaver kids blog July 23

What might the price of a coffee per day get you when it comes to long-term savings for your kids? 

Simplicity MD Sam Stubbs demonstrates the impact of investing in a child's KiwiSaver account from birth. It could mean the difference between having a significant lump sum to put towards that child's first home deposit at just 25-years old, and having to start from scratch once they start working.

In his latest Stuff editorial, Sam provides some simple calculations showing exactly what investing $5 a day can achieve for your children's long-term future(s). It's all about using the power of compounding interest to your advantage, particularly if you can invest in diversified investments that include high-growth assets.

Read the full article here via stuff.co.nz. 


The information provided and opinions expressed in this post are intended for general guidance only and not personalised to you. These materials do not take into account your particular financial situation or goals and are not financial advice or a recommendation. This post is not intended to convey any guarantees as to the future performance of any of the investment products, asset classes, or capital markets mentioned. Past performance is no guarantee of future performance. Information is current at the time of posting, and subject to change without notice. Simplicity NZ Ltd is the issuer of the Simplicity KiwiSaver Scheme and Investment Funds. For Product Disclosure Statements please visit our website simplicity.kiwi.