Starting early on your savings and contributing as much as you can is the ideal. But don’t be put off if you’re starting later, because every dollar helps.
The following checklist is a good place to start:
- Read the Scheme’s Product Disclosure Statement carefully and other Scheme documents including the Member Booklet. You may be eligible for free life insurance, so it’s worth reading.
- Set long-term savings goals. If you need help, visit www.sorted.org.nz/tools/goal-planner. Keep a record of your goals and frequently review them – annually is a popular choice.
- Seek financial advice from a Westpac Financial Adviser.
- Choose an investment option. Align your long-term savings goals with the investment option that best reflects how you feel about risk. Find out what type of investor you are at www.sorted.org.nz/tools/investor-kickstarter.
If In-Tandem sounds right for you, apply now by completing the application form at the back of the Product Disclosure Statement and return it to Human Resources/ Payroll.