Get Sorted: Mass FOMO erupts!

Posted by in Kiwisaver on

If only a collective "fear of missing out" would suddenly spread like a virus when it comes to all of us getting the government contribution of $521 each year in our KiwiSaver accounts. But alas, the numbers show mass apathy, unfortunately. Or perhaps something else is at play that is harder to see.

Doesn't anyone want a big five hundy?

Each year the government matches 50 cents for every dollar we put in to KiwiSaver, giving us a maximum of $521. Some quick maths shows that all we need to do is put in double that amount in order to get everything we're due, or $1,043, which works out to just over $20 a week.

Unfortunately it looks like large swathes of the population don't know this exists.

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