GROWING SAVINGS OVER TIME

Peter McMillan

Having been a member of the NZAS Retirement Fund for almost 30 years, Peter McMillan, Sourcing & Services Analyst, shares his experience on saving for retirement.

Since joining the Fund after starting with the company in 1986, I regularly take note of how my retirement investment is tracking. Over the years I have made a number of investment option changes to better reflect my personal financial goals and risk tolerance.

Being attentive to the performance of my investment through engaging with the information available has allowed me to better prepare for my retirement, and ensure I am in the best financial position when I decide to stop working. Although this is still some time away, early planning and regular account reviews keep me focused on growing my savings for when the day arrives. 

While at times the financial information can seem daunting and confusing, there is a lot of information available to help members like myself make informed decisions on the best fund type to choose. 

I source most of my information from the NZAS Retirement Fund website which includes fund performance updates, regular newsletters, scheme documentation, and videos on industry performance insights.

Over the last year especially, I have been logging into my account each month to check my investment performance and find out about the latest market trends impacting my personal returns. Understanding my investments is important to having a comfortable and enjoyable retirement. As for my partner Lesley and I, we are looking forward to travelling Europe and taking time to visit family in the UK.

^{To find out more about the investment options, please visit the website at www.realsuper.superfacts.co.nz or contact the Helpline on 0508 266 787.}