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Dr. Claire Matthews: Associate professor's new report says Kiwisaver can be great for retirement, if used correctly
Published 4 months, 2 weeks ago
Description
A new report reveals the importance of contributing to Kiwisaver after buying a first home.
The Retirement Expenditure Guidelines from Massey University and Fin-Ed Centre suggests Kiwisaver is great for funding retirement - if utilised correctly.
It finds a modest retirement goal can be reached by age 65 even after withdrawing funds for a first-home at 35.
But report author Associate Professor Claire Matthews says there is an emphasis on using it for a home.
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