Have you ever thought what taking a KiwiSaver holiday means? It could mean you'll be receiving postcards from your friends in retirement while you stay home trying to make ends meet on NZ Super.
Whether it's an official KiwiSaver "contributions holiday" or you're just not paying because you're self-employed or another reason, the ignominy of those postcards or Facebook updates could be yours.
The word "holiday" gives the wrong impression that it's something good, says David Boyle general manager investor education at the Commission for Financial Capability (CFFC).
"Unfortunately [people who take extended KiwiSaver holidays] might not be sending any postcards, just receiving them."
The long-term impact can be stark. A five-year break at age 25 would cost around $40,000 when you retire, says Grant Hodder, Head of Product, ANZ Wealth. That takes into account not just the contributions, but also growth, employer contribution and member tax credits.