1.3 Million New Zealanders Are Abandoning KiwiSaver - Here's Why

KiwiSaver has traditionally been sold as a great way to save for retirement. Since it's launch in 2007, it's been progressively tampered with that many of the original benefits have since been wiped out. Over a million New Zealanders have given up on KiwiSaver, and in this video I explore 5 problem areas that need addressing. Pension is costing the government $24B+ every single year, so if we don't get KiwiSaver right, how will the country deal with the cost of taking care of the elderly? 🌏 Newsletter Sign Up: https://brentcoleman.kit.com/377eedf82c // SOCIAL 🌏 Follow Me On Instagram @brentcolemaninvesting 🌏 Subscribe at: youtube.com/c/BrentColeman?sub_confir... // CONTACT For business enquiries, please reach out to me at [email protected] // INVESTING PLATFORMS I USE ✅ Sharesies: Get $5 FREE For Signing Up - https://app.sharesies.com/sign-up?ref... ✅ Hatch Invest NZ: Get $10 FREE - https://app.hatchinvest.nz/share/hmwy... ✅ Moomoo: Up to 38 Free Stocks - https://start.moomoo.com/03ktwJ // PORTFOLIO TRACKERS I USE ✅ Sharesight: Get 4 MONTHS FREE - https://www.sharesight.com/brentcoleman/ ✅ Navexa: Get 20% FREE - https://www.navexa.io/?fpr=brent79 or code BRENT20 // FINANCE APPS I USE ✅ InvestingPro: Get Up To 55% Off Here: https://www.investing-referral.com/br... ✅ Hnry: Get $25 FREE Here - https://app.hnry.io/r/BRENT82488 I include these links as they often provide a benefit to my viewers. I might receive a commission from these companies, or other third parties, in the case a purchase is made either using a link or signing up for a service via a code. This helps me create high-quality content and I thank you for your support. Disclaimer: I am not a financial adviser. This video is for education and entertainment purposes only. Seek professional help before making any investment decision.