Dr Claire Matthews, associate professor at Massey Business School. Photo / Provided
Each week, BusinessDesk and the NZ Herald’s Cooking the Books podcast tackle a different financial issue. Today’s questions from listeners about KiwiSaver. Hosted by Frances Cook.
KiwiSaver is a fun old thing. You tick yes on a box when you sign up for a job, start putting money in every paycheck, and after a few years you notice to your surprise that you’ve accumulated tens of thousands of dollars.
It accumulates quickly, which is great for our financial future, but can also be worrying when we’re not used to having such a big nest egg.
For many New Zealanders, they hope their KiwiSaver will give them access to their first home or their first investment experience.
However, the rules can be confusing and there are different ways to run your KiwiSaver to ensure you get the most out of it.
So I extended the invitation – what questions do you want answered about your KiwiSaver?
The responses poured in, and frankly, there were too many for just one episode.
So here’s part one of the answer to all your burning questions about KiwiSaver, including whether it’s worth joining, which fund is better, and why the hell your money has been dropping lately.
For this podcast, I spoke to Dr. Claire Matthews, Associate Professor at Massey Business School.
For the interview, listen to the podcast here.
• If you have a question about this podcast, or a question you would like answered in the next one, come and tell me. I’m on Facebook here, Instagram here, and Twitter here.