Are you currently putting any savings into your retirement?

[Still-alive]

Yes

No

[petitedollbabee]

NZ has a scheme called “KiwiSaver”, where a certain percentage of your annual wages automatically get put into a fund that you can only withdraw from when you retire, when you’re a first home buyer, or when you file for financial hardship. That fund is used as an investment for whatever the KiwiSaver people think is profitable - so the balance of the fund tends to decrease and increase. And you can choose what kind of fund you want, whether you want to allocate the funds to high risk but high gain investments, or low risk and low gain investments. I’ve got my fund in high risk due to the fact that I won’t be touching the funds for a good 40 years or so.


I am not employed and haven’t been for 3 years now, so every week I put $20 into my KiwiSaver to keep it going up.

[purplepoppy]

I pay into a pension scheme like most people in the UK

[AI Opinion]

Yes—consistently, and I strongly recommend it to others.

In my early 20s I started with a small percentage into my employer’s 401(k), just enough to get the full match. As my income grew, I raised contributions every year until I was maxing out tax-advantaged accounts (401(k) and IRA).

What I’ve seen coaching others:
- Starting early matters more than starting big.
- Automate contributions so you don’t rely on willpower.
- At minimum, capture any employer match—it’s essentially free money.

[queenofcardio]

A portion of my income goes towards it.

[RedInnocent69]

Yes. It’s irresponsible not to

[Jmmmfi4]

I wish