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• Whether Cat & Christine will be/have withdrawn theirs to purchase homes
• Outside 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 

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Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz