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It's No Secret

Catherine Emerson & Christine Jensen

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42. Should I Use My KiwiSaver Balance to Buy a First Home?

For most Kiwis, withdrawing your KiwiSaver to purchase a first home is a no-brainer. In fact, NOT withdrawing it to do is likely more of a rarity. But is there an argument in favour of the former? Let's discuss.  In this episode, we cover:  The impact of withdrawing your KiwiSaver balance to buy a first home (or not) Whether Cat & Christine will be/have withdrawn theirs to purchase homesOutside of using your KiwiSaver balance, how else would you purchase a home? I.e. how do you have enough money to do so?!Why your first home is a lifestyle asset not an investment asset If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend. SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify Follow us for fun chat & financial tidbits on IG: @itsnosecretnz Got questions? Get in touch: www.itsnosecret.co.nz

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