u/IllustriousLimit6977

I sometimes wonder how many people may be unintentionally removing early retirement as an option by putting all their retirement investing into KiwiSaver. Not to mention having to fight your provider for some of your $ during possible times of hardship or illness.

KiwiSaver is fantastic for employer & government contributions, and I can understand the argument of forced discipline. But beyond that, locking every extra dollar away until 65 seems like a huge tradeoff that many people barely think about.

I also recognise many of the people falling into this trap aren’t in a personal finance sub.

EDIT: It’s also my personal opinion that if you’re younger than 40 you shouldn’t expect to see your KiwiSaver until 67