In this episode of Economy Made Simple, Shamubeel Eaqub chats with journalist, author and personal finance expert Susan Edmunds about KiwiSaver, the questions New Zealanders are asking, and why getting the basics right still matters.Susan has just written a book about KiwiSaver, based on the questions people regularly ask her - from choosing the right fund and contribution rate, to hardship withdrawals, first-home access, fees, self-employment, and what happens once people reach retirement.Together, Shamubeel and...
In this episode of Economy Made Simple, Shamubeel Eaqub chats with journalist, author and personal finance expert Susan Edmunds about KiwiSaver, the questions New Zealanders are asking, and why getting the basics right still matters.
Susan has just written a book about KiwiSaver, based on the questions people regularly ask her - from choosing the right fund and contribution rate, to hardship withdrawals, first-home access, fees, self-employment, and what happens once people reach retirement.
Together, Shamubeel and Susan discuss how KiwiSaver has changed over the past almost 20 years, why it’s no longer just a retirement savings scheme, and where the system could be improved to better support women, lower-income earners, the self-employed, and people over 65.
This episode covers
- The most common KiwiSaver questions Susan gets from New Zealanders
- Why it’s important to check your fund type, contribution rate and provider settings
- How KiwiSaver is being used for retirement, first homes and hardship withdrawals
- The impact of total remuneration and why employer contributions matter
- Why women, carers and lower-income earners can fall behind in KiwiSaver
- The challenges KiwiSaver creates for self-employed people
- What retirees need to think about when turning savings into income
- Fees, fund performance and how to compare providers
- How KiwiSaver could be improved in the future
Tune in for a practical and thoughtful conversation about how KiwiSaver has shaped New Zealanders’ savings habits, what people still need help understanding, and how the scheme could evolve to deliver better outcomes for more Kiwis.
Please note: This episode was recorded before National announced their new KiwiSaver policy plans.
---
Please help us share the good word (and make Kiwis richer and smarter with money) - the more we grow, the more good we can do %) Don't forget to follow, subscribe and rate the podcast if you found it useful!
Find us:
Instagram
Facebook
LinkedIn
Disclaimer: This podcast contains personal opinions and is intended to provide educational information only. It doesn't relate to your particular financial situation or goals and is not financial advice or recommendations. Simplicity New Zealand Limited is the issuer of the Simplicity KiwiSaver scheme and investment funds. For product disclosure statements please visit Simplicity's website simplicity. kiwi.
View more
