At its simplest, KiwiSaver is like an extra savings account you put money into that's locked away for your retirement. It's your account, and it's your money. Plus to make it even better, others can put money into your account too.
ASB KiwiSaver Scheme
Your money goes into your account where it's invested for you in things like bank deposits, Government bonds, property and shares.
Investment Returns
These are made up of any change (up or down) in the value of your investments over time.
Any Withdrawals
Like first home deposit, fees and taxes.
Your nest egg
This is the money that you'll have to enjoy when you can take out your end KiwiSaver retirement savings (this is usually when you become eligible for NZ Super - currently age 65).