KiwiSaver: Doing it wrong like throwing away a winning Lotto ticket

Posted by Carl Pheasant in Kiwisaver, Retirement, Savings on

Being in the wrong KiwiSaver scheme has been compared to throwing away a first division-winning Lotto ticket.

More than 400,000 Kiwis continue to invest in default KiwiSaver funds, which are more conservative. They're much less likely to lose money when the market tanks, but the long-term returns are generally lower than more aggressive schemes.

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