{"id":228,"date":"2026-08-16T09:50:53","date_gmt":"2026-08-16T09:50:53","guid":{"rendered":"https:\/\/moneycq.com\/?knowledgebase=retirement"},"modified":"2026-08-16T09:50:53","modified_gmt":"2026-08-16T09:50:53","slug":"retirement","status":"publish","type":"knowledgebase","link":"https:\/\/moneycq.com\/?knowledgebase=retirement","title":{"rendered":"Retirement and Locked Savings"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Your retirement scheme depends on your region: KiwiSaver in New Zealand, superannuation in Australia, a 401(k) in the US, CPF in Singapore, EPF in Malaysia and India, and so on. The balance grows weekly as a <strong>locked asset<\/strong>.<\/p><h2 class=\"wp-block-heading\">What it is<\/h2><p class=\"wp-block-paragraph\">Retirement savings are money you can&#8217;t touch until later \u2014 they count toward net worth but not toward spendable cash. That teaches the difference between cash, savings, and locked money.<\/p><h2 class=\"wp-block-heading\">What it does<\/h2><ul class=\"wp-block-list\"><li>Adds employee and employer contributions from your pay each week.<\/li><li>Applies government top-ups where they exist (NZ KiwiSaver, AU co-contribution).<\/li><li>Grows with interest and compounds over the full 104 weeks.<\/li><li>Pays out in full at life end \u2014 completion or bankruptcy.<\/li><\/ul><h2 class=\"wp-block-heading\">How to use it<\/h2><ol class=\"wp-block-list\"><li>Choose your contribution rate when creating a life (or change it on the Money screen).<\/li><li>Watch the locked balance grow each week \u2014 it&#8217;s part of net worth.<\/li><li>Understand the trade-off: a higher rate means less take-home today and a bigger nest egg later.<\/li><\/ol><h2 class=\"wp-block-heading\">Good to know<\/h2><p class=\"wp-block-paragraph\">Some schemes have special rules \u2014 for example, NZ&#8217;s first-home withdrawal after three years. The pack models the rules that matter for teaching.<\/p><p class=\"wp-block-paragraph\">Ready to try it? Start a life at <a href='https:\/\/app.moneycq.com'>app.moneycq.com<\/a> \u2014 your first week takes about two minutes.<\/p>","protected":false},"featured_media":0,"template":"","class_list":["post-228","knowledgebase","type-knowledgebase","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/moneycq.com\/index.php?rest_route=\/wp\/v2\/knowledgebase\/228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneycq.com\/index.php?rest_route=\/wp\/v2\/knowledgebase"}],"about":[{"href":"https:\/\/moneycq.com\/index.php?rest_route=\/wp\/v2\/types\/knowledgebase"}],"wp:attachment":[{"href":"https:\/\/moneycq.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}