20. How Do I Figure Out If I'm In The Right KiwiSaver Fund?

Hello & Happy Tuesday everyone! In today's episode we're answering the question of... HOW DO I FIGURE OUT IF I'M IN THE RIGHT KIWISAVER FUND? If you're not thinking about retirement now, then it's time to start. Whether you're in your 20s, 30s, 40s or beyond, working towards building up a financial cushion NOW that you can retire with LATER is incredibly important. Why? Because building wealth doesn't happen overnight and nobody wants to be in the position where they're a few years out from retirement panicking about whether they can afford to retire or not. KiwiSaver plays into this (after all, it's purpose is to help us retire post-buying a house), so it's a good idea to ensure you're in the right fund for your risk appetite and goals. In this episode, Christine and Cat chat about: How NZ is faring when it comes to preparedness for retirement (spoiler: not great) How our lotus of control affects our preparedness for retirement and overall financial wellbeing 5 practical steps for figuringing out if you’re in the right KiwiSaver fund Why assessing a KiwiSaver provider based solely on fees is not an accurate reflection of the value they may provide Why being with the same KiwiSaver provider as your significant other doesn’t result in higher risk or less diversification ...plus lots more! Get listening now to find out what else we have in store for you. Check out all our resources mentioned and full show notes at: wwww.itsnosecret.co.nz/20 If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend. SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify Follow us for fun chat & financial tidbits on IG: @itsnosecretnz Got questions? Get in touch: www.itsnosecret.co.nz Disclaimer: Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time. The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice. Any information we provide is general only and current at the time of writing. Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz