I had a glimmer of hope. But guess I’ll need to wait the next 27 years out. I’m currently on a kiwisaver holiday (suspension) which according to the rules you don’t need to give a reason and can take these suspensions back to back. I joined the scheme when it started - which was fine then but I don’t need the gumby NZ government and overpaid bankers to do for me what I have already mastered myself. Clever you for extracting your investment.
I’m impressed you’ve managed to extract your money from the super fund. I have a fair chunk of change in kiwisaver, which I stopped paying into last year. I wonder if it’s possible to do the same… i know there’s “hardship withdrawal” but you need to have compelling evidence for this to work.
Yes, I think it's pretty much impossible in NZ - good old nanny state! I'm surprised you were even able to stop paying into it... Was that a clever accounting hustle you were able to pull off as a business owner? It really is a BS racket. I was sort of okay with it for a long while - but it annoyed me more and more that I couldn't choose which companies to invest in, and then when I discovered all the ESG stuff that was the final straw.
I had a glimmer of hope. But guess I’ll need to wait the next 27 years out. I’m currently on a kiwisaver holiday (suspension) which according to the rules you don’t need to give a reason and can take these suspensions back to back. I joined the scheme when it started - which was fine then but I don’t need the gumby NZ government and overpaid bankers to do for me what I have already mastered myself. Clever you for extracting your investment.
I’m impressed you’ve managed to extract your money from the super fund. I have a fair chunk of change in kiwisaver, which I stopped paying into last year. I wonder if it’s possible to do the same… i know there’s “hardship withdrawal” but you need to have compelling evidence for this to work.
Yes, I think it's pretty much impossible in NZ - good old nanny state! I'm surprised you were even able to stop paying into it... Was that a clever accounting hustle you were able to pull off as a business owner? It really is a BS racket. I was sort of okay with it for a long while - but it annoyed me more and more that I couldn't choose which companies to invest in, and then when I discovered all the ESG stuff that was the final straw.