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KiwiSaver Advice

Is your KiwiSaver
actually working for you?

Most New Zealanders are in a default fund that was never chosen for them. A 30-minute review could make a significant difference to your retirement, and potentially your first home.

Book a free KiwiSaver review

Most people are in the wrong fund

When KiwiSaver launched in 2007, millions of New Zealanders were automatically enrolled into a default fund. These were conservative funds designed to protect money, not grow it.

If you're in your 20s, 30s or 40s and still in a conservative or default fund, you could be missing out on tens of thousands of dollars by retirement. The difference between fund types over a 30-year period can be enormous.

A simple review takes about 30 minutes and costs you nothing. I'll check what you're in, whether it suits your situation, and what it might look like if we made a change.

Book a free review

The impact of fund type over 30 years

Conservative fund
Lower risk, lower returns
~$180k
Balanced fund
Medium risk and return
~$250k
Growth fund
Higher long-term returns
~$380k

Illustrative projections only, based on $500/month contributions at different assumed return rates. Actual returns will vary. Not financial advice.

KiwiSaver fund types explained

Choosing the right fund type is the single most important KiwiSaver decision most people make. Here's what the different options actually mean.

Defensive
Lowest risk
Suited to people within 2-3 years of using their KiwiSaver (e.g. near retirement or near first home purchase)
Conservative
Low risk
Suited to people 3-5 years from retirement, or those who are very risk-averse
Balanced
Medium risk
A middle ground, often suitable for people 10-15 years from retirement
Growth
Higher risk
Suited to people more than 15 years from retirement who can ride out market ups and downs
Aggressive
Highest risk
For long investment horizons (20+ years) and those comfortable with significant short-term swings

The key thing to understand: "Higher risk" in KiwiSaver doesn't mean gambling with your money. It means a higher proportion invested in shares (which grow more over time but fluctuate in the short term). For most working-age New Zealanders with 10+ years to retirement, a conservative fund is actually the riskier choice, because it's unlikely to grow your money fast enough.

Using KiwiSaver for
your first home

If you've been contributing to KiwiSaver for at least 3 years, you can withdraw most of your balance to put towards your first home purchase. This can make a real difference to your deposit.

There are some rules and eligibility criteria, including what counts as a "first home" and minimum contribution periods. I'll walk you through exactly what you're entitled to and how to apply.

Important: If you're planning to use KiwiSaver for a first home, your fund type matters a lot. Being in a growth fund is great for long-term retirement savings, but if you're buying in the next 1-3 years, you may want to be in a more conservative fund to protect against market downturns right before you need the money. I'll help you think through the timing.

How a KiwiSaver review works

We review your current situation

I look at your current provider, fund type, contribution rate, and balance. We talk about your timeline and goals.

I explain your options clearly

I'll show you what different fund types mean in practice, including illustrative projections for your specific situation.

You make an informed decision

No pressure. I give you my recommendation and the reasoning, and you decide what's right for you.

I handle the paperwork

If you want to switch providers or fund types, I'll take care of it. It's usually straightforward and takes a few minutes.

KiwiSaver FAQs

Should I contribute 3%, 4% or 8% of my salary?
The minimum is 3.5% (from April 2026, rising to 4% in 2028), but the higher you contribute, the more your employer contributes (up to 3%) and the more you get in government contributions (up to $260.72 (reduced from July 2025) per year). If you can afford it, 4% or more makes a meaningful difference over time. For first home buyers, increasing contributions for a period can also boost your deposit. I'll help you find the right rate for your budget.
Can I switch providers without losing my money?
Yes, switching KiwiSaver providers is straightforward and you don't lose your balance. Your money moves across to the new provider, usually within a few business days. The only things to check are whether your current provider has any exit fees (most don't) and how the switch affects your government member tax credit entitlements.
My KiwiSaver balance went down, should I be worried?
Short-term drops are completely normal, especially if you're in a growth or aggressive fund. KiwiSaver is a long-term investment, the ups and downs smooth out over time, and historically, growth funds have significantly outperformed conservative ones over 10+ year periods. The worst thing most people do is panic-switch to a conservative fund after a drop, locking in their losses. If you're concerned, let's talk it through.
How do I know if my KiwiSaver provider is good?
Key things to compare: fees (management fees vary significantly between providers), past performance (though not a guarantee of future returns), fund options available, and the quality of their member communications. Some default providers have significantly higher fees than specialist providers for similar or worse performance. I'll compare your current provider against alternatives for your situation.
I'm self-employed, do I still need KiwiSaver?
If you're self-employed, you don't receive employer contributions, but you're still eligible for the government member tax credit (up to $260.72 (reduced from July 2025)/year) if you contribute at least $1,042.86 annually. KiwiSaver is still one of the most tax-efficient ways to save, and the first home withdrawal rules still apply. It's worth having.

Find out if your KiwiSaver is working as hard as it could be

A free 30-minute review. No obligation, no hard sell, just a clear picture of where you're at and what your options are.

Book a free review
Important information: This page is for general information purposes only and does not constitute personalised financial advice. KiwiSaver returns are not guaranteed and past performance is not a reliable indicator of future returns. Seth Rackham (FSP 1007555) is a Financial Adviser operating under the Financial Advice Provider licence of Real Savvy Financial Advice (FSP 709511).