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The average age of first home buyers in New Zealand is now 37 years old. An average mortgage term is 30 years, meaning that most home owners will be facing mortgage repayments well into their retirement. Setting up a Kiwisaver for your kids is a good way to beat these statistics!
It’s never too early to teach kids the importance of saving for their future. Financial literacy is an important skill that so many children, and adults, learn too late. Why not give your little ones a head start and set up a Kiwisaver account today?
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