Amy Poching

They own their home.

They've got a couple of kids.

They have a mortgage on their home.

They're putting $50 a week towards Sharesies.

They're putting $100 a week into a growth managed fund.

And so, you know, they're doing pretty well.

They're doing some good things.

They've both got Kiwi Savers.

So...

We were, their thing at the moment is like, when are we going to be able to stop working?

And are we going to be able to have a comfortable lifestyle and have, like, how do we get passive income throughout our retirement?

So we looked at a couple of things for them.

And one of them, which I see this just like weekly, is people that have their Kiwi Savers in growth funds.

When they have, like these people have got like 25 years before they're going to be accessing their money.

And so many people out there don't know the difference between a growth fund and an aggressive fund.

Because when you say to people an aggressive fund, it actually feels really scary.

Yeah.

And so, yeah, I see this just all the time.

And so I explain to them what the difference is between a growth fund and an aggressive fund.

And really, the only difference is that in a growth fund, you've got roughly 80% of your money invested in growth assets, so shares of property.