Accelerate your money in your 40s

Small money changes in your 40s can bring big benefits later on. Our 6 easy tips can help.

6. Power up your savings

Having some money in an emergency fund for any unexpected expenses can reduce stress. Aim to build up a few months’ worth of expenses, but start with a goal of $500. Store it somewhere where you won’t be tempted to spend it.

5. Sort your mortgage

If you have a home, think about how you can pay off the mortgage faster. Maybe it’s paying off more each month, restructuring your mortgage, or shopping around for a better interest rate. Seea mortgage broker or your lender who can offer suggestions on how to do this. If you’re renting, it’s not too late to make plans to buy.

4. See the experts

Seeing a financial adviser in your 40s (and regularly after that) can put you in a great position to meet your money goals for the retirement you’d like, and help you with investment decisions.

3. Check your KiwiSaver fees

Fees eat into your hard-earned KiwiSaver money and reduce your balance. Check how much you’re paying in fees using the Sorted KiwiSaver Fund Finder and make sure you’re happy with what you’re paying.

2. Get your protection in place

With hopefully a healthy pot of money building for retirement, you want to try your best to not lose it. Diversify your investments, check your insurance cover, and stay on top of the latest scams. Divorce is most common in New Zealand during your 40s, and can be extremely costly. A financial adviser can help you set up your money fairly, in case the worst happens.

1. Check your KiwiSaver provider and fund

Research your KiwiSaver provider and fund type and check they are both right for you. If you’re not sure who your KiwiSaver money is with, you can call IRD. Helpful tools to compare include the Sorted KiwiSaver Fund Finder and Smart Investor websites. Make sure you’re getting good value for your fees, and find out if you prefer an active or passive investment style. It’s easy to switch KiwiSaver providers and funds. 

Correct as at November 2021. Pie Funds Management Limited is the issuer and manager of the JUNO KiwiSaver Scheme. Click here for our Product Disclosure Statement. Any advice is given by Pie Funds Management Limited, and is general only. It relates only to the specific financial products mentioned and does not account for personal circumstances or financial goals. Please see a financial adviser for tailored advice. You may have to pay product or other fees if you act on any advice. As manager of the Scheme we receive monthly fees that are determined by your balance and whether you are 13 years or over. We will benefit financially if you invest in our products. We manage any conflicts of interest via an internal compliance framework designed to ensure we meet our duties to you. For information about the advice we can provide, our duties and complaint process and how disputes can be resolved, visit All content is correct at time of publication date, unless otherwise indicated. Past performance is not a reliable indicator of future returns. Returns can be negative as well as positive and returns over different periods may vary. Please let us know if you would like a hard copy of this disclosure information.