Kiwis all dream of owning a home and having a secure retirement. But with all the best will in the world, many people find saving for their future challenging.
Investment has a language all its own that can be difficult to decipher. It can be hard for many people to consciously put money aside because immediate needs will often take priority.
Long-term, unless we change what we save, retirement itself could be threatened. Right now, each superannuitant is supported by several people in the workforce. However, by 2050, this ratio will decline significantly. As the population ages, fewer people will be working, resulting in a smaller tax base to support public spending—particularly the costs of retirement.
Feijoa’s here to help with all of that. By helping people effortlessly save and invest, we improve their future prospects. And at the same time, we ensure there is more in the national ‘kitty’ to support us when we stop working.