Young people limiting retirement savings by choosing wrong funds

Posted by Sam Gapes in Kiwisaver on

Are you short-changing yourself of hundreds of thousands of dollars?

Many KiwiSaver members have been troubled to see their balances take a hit over the past week, amid international share market volatility.

But some are still unaware that their balances are being eroded much more seriously by something that is completely under their control: Being in the wrong type of fund.

It is a problem that is particularly bad for KiwiSaver's youngest members, who could miss out on significant sums over their lifetimes.

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