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Tapping KiwiSaver for investment properties could undermine retirement savings and create headaches for members

21/10/2019

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Does it make sense to open up KiwiSaver for the purposes of buying an investment property?

Simplicity's personal finance expert Amanda Morrall warns it could have unintended consequences for investors, including leaving them well short of savings in retirement.

In this week's episode of NewstalkZB's Smart Money, Amanda Morrall explores the hazards. She also discusses the elusive idea of work/life balance.

Have a listen here.

 

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