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42. Should I Use My KiwiSaver Balance to Buy a First Home? episode artwork

EPISODE · Jan 9, 2023 · 21 MIN

42. Should I Use My KiwiSaver Balance to Buy a First Home?

from It's No Secret · host Catherine Emerson & Christine Jensen

For most Kiwis, withdrawing your KiwiSaver to purchase a first home is a no-brainer. In fact, NOT withdrawing it to do is likely more of a rarity. But is there an argument in favour of the former? Let's discuss. In this episode, we cover: The impact of withdrawing your KiwiSaver balance to buy a first home (or not) Whether Cat & Christine will be/have withdrawn theirs to purchase homes Outside of using your KiwiSaver balance, how else would you purchase a home? I.e. how do you have enough money to do so?! Why your first home is a lifestyle asset not an investment asset 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

Episode metadata supplied by the publisher feed · Published Jan 9, 2023

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For most Kiwis, withdrawing your KiwiSaver to purchase a first home is a no-brainer. In fact, NOT withdrawing it to do is likely more of a rarity. But is there an argument in favour of the former? Let's discuss. In this episode, we cover: The impact of withdrawing your KiwiSaver balance to buy a first home (or not) Whether Cat & Christine will be/have withdrawn theirs to purchase homesOutside of using your KiwiSaver balance, how else would you purchase a home? I.e. how d...

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42. Should I Use My KiwiSaver Balance to Buy a First Home?

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This episode is 21 minutes long.

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This episode was published on January 9, 2023.

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