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Your KiwiSaver balance is not cash in the bank

Understanding KiwiSaver investments

A lot of our clients have access to their KiwiSaver investment with their internet banking - they can see the cash value every time they login to their account. But it's important to understand that KiwiSaver is very different to having cash in the bank, it's a long-term investment.

For a lot of KiwiSaver members, the current market downturn caused by the Covid-19 pandemic will be their first. The market has experienced 11 very good years. Though it's understandable to feel worried, Gavin Greaves explains in this video how KiwiSaver works and why it's best not to worry about short-term noise.

Please note that the information contained in this video is for general information purposes only, does not constitute and is not a substitute for professional or financial advice. Before making any financial planning decisions, you should seek independent financial advice specific to your own particular circumstances.



 

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