4 Common Misconceptions of KiwiSaver (Explained)

Published: June 12, 2023, 7 p.m.

b'Today\'s episode is in partnership with Sam Stubbs, founder of the Simplicity KiwiSaver scheme. Sam and the team at Simplicity are committed to making everyday Kiwis richer and smarter with money, as the low-fee, nonprofit KiwiSaver and Investment funds provider.

Check them out here.

In this episode, Sam Stubbs, founder of Simplicity and I debunk four common misconceptions about KiwiSaver...after too many of these comments on Tik Tok they had to be addressed!

Some things we discuss include;

  • Is KiwiSaver a scam? Is the Government stealing money? Clarifying where funds are held and explaining share market fluctuations.
  • How to best stay engaged in your KiwiSaver choices
  • Benefits for employees vs self employed
  • How difficult is it to change funds and providers?
  • Sharemarket 101
Overall, this was an incredibly empowering conversation surrounding taking ownership of your financial future with confidence! Anyone can do it.

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Thanks so much for your support and listening it means so much to me. Please leave a rating or review if you\\u2019re enjoying and we will chat in the next episode.

Want to get in touch directly?

sarah@theoneupproject.nz

DISCLAIMER:
The OneUp Project is an educational platform that provides information that is general in nature. There may be opinions or an individuals experience within this resource that should not be considered as recommendations or personal advice. Everyone\\u2019s financial situation is so different and you must use the information within this resource at your own risk. Please complete your own due diligence before making any decisions based on the information in this resource. I am not a financial advisor and if you require expert advice please seek advice from a professional.'