Whatever retirement you're dreaming of, whether it's relaxing full time, pursuing a hobby or maybe working part time, it's never too early or too late to start planning for it.
Every investment takes time to grow in value and the more time the better. So the sooner you begin investing for retirement, the easier it will be to gather the funds you need.
- The higher the income you want, and the longer you'll need it, the more money you'll have to save before retirement
- How long savings will last depends on the return the investment is earning and how much you draw down.
- Time makes a huge difference to the growth of an investment
- Regularly increasing the amount you contribute to your retirement fund is a smart way to increase the amount you'll have when you retire.
A copy of the Bank's General Disclosure Statement under the Reserve Bank of New Zealand Act 1989 is available on this website or on request from any ANZ branch, free of charge. A copy of your ANZ Investment Specialist Authorised Financial Adviser’s Disclosure Statement prepared under the Financial Advisers Act 2008 are available on request and free of charge by contacting your ANZ Investment Specialist Authorised Financial Adviser.