Standard withdrawals

You become eligible to withdraw all your savings as a lump sum when you qualify for NZ Super (currently at the age of 65).

If you joined KiwiSaver between the age of 60 and 65, you'll be able to withdraw your savings after you've been a KiwiSaver member for 5 years.

Any withdrawals from your KiwiSaver account are tax-free.

How do you withdraw your savings?

When you're eligible to access your savings, apply to your KiwiSaver provider.

How much will your savings be worth?

Your KiwiSaver scheme's investment statement explains how they will invest your money and what returns you can expect. Your provider will also let you know how your investment is doing.

The Retirement Commission's Sorted website includes a calculator that estimates what your savings may be worth when you become eligible to withdraw them.