For most people, KiwiSaver is going to form a large part of their deposit. It is important therefore to make sure you know exactly what is going on with your KiwiSaver account, especially regarding these four factors….

• Which fund type you are in, and whether that is the best fund type for you while saving for your deposit.
• How the contributions work, and the difference changing your contribution rate would make to the size of your deposit.
• Where your money is actually invested, and who is looking after it.
• And, really important – what is the process for withdrawing your KiwiSaver when you are ready to buy your first home?

Would you like to get your KiwiSaver account truly sorted? At FirstHome.Kiwi we are happy to endorse Generate as KiwiSaver experts, for both retirement savings and first home deposits.  Click below to contact a Generate KiwiSaver team member to arrange a free one-on one discussion, including calculating how much you could save for a deposit and when.

Imagine if saving was as simple as spending… Feijoa is the smart, simple app to help grow your KiwiSaver account with every purchase, every day. When you spend, Feijoa rounds each transaction up (to the nearest dollar or more if you choose) and invests the difference into your KiwiSaver. Small amounts go in regularly without you needing to think about it. You can also split your round-ups between multiple KiwiSaver accounts, for example, between your own account, your partner’s, or even your children’s and grandchildren’s.

Why regular investing helps

• Daily contributions: Builds momentum through consistent investing.
• Dollar cost averaging: Investing small amounts at different market prices can smooth out market ups and downs over time.
• Government contribution: Extra voluntary contributions count toward the annual threshold.

For First Home Buyers
If you’re saving for your first home, small and consistent contributions can steadily grow your KiwiSaver deposit without needing large lump sums. Feijoa helps you build your balance alongside your regular income contributions. Feijoa works with all KiwiSaver providers and connects securely to NZ bank accounts – a simple “set and forget” way to grow your savings.

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