What is KiwiSaver?

KiwiSaver is a voluntary savings scheme set up by the government to help New Zealanders save for their retirement. Rather than being a simple savings account, your KiwiSaver savings are invested on your behalf to earn more money over time. It’s important to note, one of the features of KiwiSaver is that you cannot withdraw the money unless under very specific circumstances. You may only access your savings after turning 65, for the purchase of your first home or if you can prove financial hardship (eligibility criteria applies).

How Mortgage Bliss can help

As KiwiSaver is a long-term savings scheme, it’s important to make sure you’re getting the most out of your investment. One element of this is choosing the right provider and fund for your personal situation and goals. 

KiwiSaver is not a one-size-fits-all approach, and even throughout your lifetime it’s often worthwhile swapping between different funds and providers as your needs change. The team at Mortgage Bliss can help you determine the best option for your goals and risk tolerance.