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Podcast: Keep The Change
Episode: Money Mail 111 - Impact of using kiwisaver to buy a house
Description: New research conducted on behalf of the Retirement Commission found that Kiwisaver withdrawals had a massive impact on future balances for young Kiwis. Research suggested that Kiwisaver balances are only a third of what they could be for people who had withdrawn to buy a house or failed to contribute consistently. The average KiwiSaver balance is $29,022.Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keethechange.co.nz to receive our weekly lesson on money and fina...