Generally, if you have more than five years, you can handle the volatility of a growth fund. I turned 65 in late January at which time my KiwiSaver fund was at about $57,000. Should I draw out all the KiwiSaver money and put it in the bank, even at no or little interest, to avoid it going down further? I am in a balanced KiwiSaver fund and have been since 2008, I and have about $85,000 balance, Last two weeks I have lost about $7000. Should I put my KiwiSaver money in a cash fund then change to conservative or stay conservative until it picks up then go more aggressive?

Source: Stuff March 18, 2020 15:56 UTC