Why Invest?

Retirement is a time to reap the rewards of a lifetime of working hard and paying taxes. But the state pension may not keep you in the manner to which you've become accustomed.

A single person has $277 a week to live on and a couple has $426 a week. That doesn't leave much to spare for holidays, beach houses and all those other lovely things we dream of enjoying in retirement.

Few of us can save the amount of money we need to put aside each week for retirement so investing is an easier way to prepare for your retirement. An effective investment strategy will accumulate enough assets to generate a regular passive income for when you to retire, replacing your work income.

The New Zealand Retirement Commission themselves have identified that New Zealanders need other sources of income to supplement the pension, and suggest two options; get your own investments or work past 65.

So, why invest? The quality of life you enjoy in the future depends on the importance you place on preparing for it today.