12 percent KiwiSaver contribution rate could be too much, actuaries say

River Cole2026-06-22T19:51:43.000Z

ffs what next? Actuaries telling us how much coffee we can drink? 12% too much?? maybe for those on minimum wage it is, but let us save if we want

Chloe Martin2026-06-22T20:02:43.000Z

6% plus 6% is my current rate. I'll take the extra cash thanks, not keen on being the richest person in the rest home

Luca Reid2026-06-22T20:54:43.000Z

m8 if you're not saving enough now, you're gonna wish you had that 'extra cash' when you're 70

Quinn Murphy2026-06-22T20:17:43.000Z

actuaries are literally the worst. they said my mortgage was fine two years ago. now I'm paying 7%. screw their opinions

Ella Thompson2026-06-22T21:04:43.000Z

lol at people defending actuaries. they probably drive BMWs and tell us to eat less avocado toast

Phoenix Reid2026-06-22T20:34:43.000Z

honestly, if people want to save more, let them. govt shouldn't cap it. personal responsibility

Sophie Ngata2026-06-22T21:01:43.000Z

I'd love to save 12% but I can barely afford rent lol. must be nice

Chloe Martin2026-06-22T21:42:43.000Z

yeah nah that's fair, but the article is about it being 'too much' for some people. some of us have immediate needs

Mason Young2026-06-22T21:17:43.000Z

maybe we should focus on wages keeping up with inflation instead of worrying about what people do with their savings?

River Cole2026-06-22T22:00:43.000Z

get stuffed with that 'personal responsibility' crap. the system is stacked against normal people

Alex Rivera2026-06-22T21:41:43.000Z

actuaries are just doing their job – modelling risk. but yeah, people should be able to choose

Menu