And is KiwiSaver the best way to save for retirement? If you're looking for a way to save, KiwiSaver is a pretty cheap and efficient way to do it. KiwiSaver money is locked away, so allocating too much of your pay to the scheme could be seen to be a bit risky. Moving to 10 per cent contributions might be intimidating if you know the money is inaccessible for years to come. Any money or time you can spend now on preparing for retirement should leave you better off post-65.

Source: Stuff April 01, 2019 15:56 UTC