Chris Walsh

Plus your employer's helping you.

And then the government will also top you up $261 if you earn under 180K a year, which is like 98% of people.

And so this is just free money.

And you don't get much free route like these days.

I would say KiwiSaver should not be overlooked.

It's not a bad thing.

It's not the government.

The government's not going to take your money going forward.

Fortunately, most people do like it.

But the contribution rates, if you read the FMA reports,

are terrible and people are on these long-term suspension savings suspensions and it's like no can we just please do it i know 3.5 you are going to feel that but it's short-term pain versus long-term gain it's like we've just relaunched our compound interest calculator and you can put it in you can put in say you're contributing 500 a month which is a lot but like if it was if it's 200 a month plus that government contribution once a year

And then you watch that over 30, 40 years, even if you choose like 3%, 4% net, you're going to end up with a lot.

If you have to think back to Warren Buffett, he made most of his money after 50.

So people aren't expected to have all this wealth growth in their 30s and their 20s, 30s.

and so on, it comes, it just compounds.

So compound interest, people, that's just have a look at it.

Think about it.

Try it out.

Invest for the long term.

That's it.