Episode 39 ⋅ 29th November 2022

3 KiwiSaver Hacks to Prepare for Retirement

With KiwiSaver being mainly used for retirement or purchasing your first home, it’s generally considered to be a long-term investment.⁠ As such, unfortunately, a surprising amount of Kiwis tend to neglect it. So, today we thought we'd talk about a few tips that you can do to help you prepare for retirement.


Did you know that for a lot of Kiwis their KiwiSaver is likely to be the 2nd largest asset that they will own in their lifetime? With that in mind, you would think we'd be more inclined to engage more with it, right? Turns out we’re not! 

Earlier in 2022, Kernel ran a survey and found that 1/5 Kiwis don't know who their KiwiSaver provider is. If you contrast this to how engaged we are with our power providers, we're almost too far down the other end often switching the moment we find a better deal.

But just because retirement (or your first home purchase) may seem far away doesn't mean that we shouldn't give it a moment's notice. In fact, we'd encourage you to give it more attention,  as you may be surprised how much it can impact you over the long term.

So, with this in mind, we thought we'd talk about 3 hacks that can help you prepare for retirement.

Specifically, we cover:

  • How you can get your “Free” annual contribution from the government.

  • Which investment options you can consider, especially with a long time horizon.

  • Why it's important to consider KiwiSaver management fees as well as your contributions towards your KiwiSaver.

  • What you can do to check which fund you're in and how you can browse for different providers.

…And there's lots more goodness in there, so get listening now. 

Great resources mentioned on the podcast are: 

  1. IRD KiwiSaver
  2. June 2022 Morning Star Report
  3. All you need to know about KiwiSaver Kernel Blog

Featuring on today's podcast are your hosts, Cat and Christine.

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