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KiwiSaver Calculator

See what your KiwiSaver could grow to by 65, with your employer’s contributions, the government contribution and your fund type.

$

Before tax

$

Long-term average growth after fees: about 6.5% a year

More options· 3% pay rises
%

A year

%

A year

At 65 you could have

$1,068,612

Putting in 3.5000000000000004% of your pay, with your employer’s 3.5% and the government contribution

In today’s money
$450,282
Yearly income at 4%, in today’s money
$18,011
Where it comes from
  • What you have now$20,000
  • You put in$168,583
  • Your employer adds$113,783
  • Government contribution$8,343
  • Investment growth$757,903

What this means

About 71% of it is investment growth, not money you put in. The earlier you start, the longer each contribution has to grow.

Your employer adds $113,783 over the years: extra pay you only get by saving yourself.

Prices will rise, so $1,068,612 in 35 years buys about what $450,282 buys today.

Year by year

AgeYouEmployerGovernmentBalance
35$3,151$2,206$261$56,895
40$3,653$2,448$261$113,582
45$4,235$2,838$261$196,111
50$4,910$3,290$261$315,389
55$5,692$3,814$261$486,005
60$6,598$4,421$261$728,104
65$7,649$5,125$0$1,068,612

This year (2026–27)

You put in$2,450
Your employer (3.5%)$2,450
Less ESCT tax on it−$735
Government contribution$261

From 1 April 2028, the default and employer rates rise to 4%.

Assumptions in this estimate
  • Your employer puts in 3.5%, less employer superannuation contribution tax (ESCT). From 1 April 2028, the default and minimum employer rates rise to 4%.
  • The government adds 25 cents for each dollar you put in, up to $261 a year, if you earn $180,000 or less.
  • Growth is a long-term average after fees and tax for each fund type, and returns go up and down. Your pay rises by 3% a year, and “in today’s money” takes off 2.5% inflation a year.
  • You can usually withdraw your KiwiSaver at 65, when NZ Super also starts. The 4% figure is a common rule of thumb for a yearly income.
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How the calculator works

  1. Your contributions: your chosen rate of your pay, from 3.5% to 10%.
  2. Your employer’s: 3.5% of your pay (4% from April 2028), less ESCT.
  3. The government’s: 25 cents for each dollar you put in, up to $260.72 a year.
  4. Growth: a long-term average after fees and tax for your fund type.

Examples

Starting at 30 on $70,000 with $20,000 saved, and 3% pay rises:

You put in Fund type At 65 In today’s money
3.5% Balanced $1,069,000 $450,000
6% Growth $1,851,000 $780,000

Last updated

Frequently asked questions

How much will my KiwiSaver be worth at 65?

Starting at 30 on $70,000 with $20,000 saved, putting in 3.5% in a balanced fund, you’d have about $1.07 million at 65. That’s about $450,000 in today’s money.

What are the KiwiSaver rates in 2026–27?

Since 1 April 2026, the default is 3.5% of your pay, with at least 3.5% from your employer. You can also choose 4%, 6%, 8% or 10%. Both rise to 4% from 1 April 2028.

How do I get the full government contribution?

Put in at least $1,042.86 between 1 July and 30 June. The government adds 25 cents for each dollar, up to $260.72. You don’t get it if you earn over $180,000.

What is ESCT?

Employer superannuation contribution tax: tax on your employer’s contributions, at 10.5% to 39%, depending on your salary plus their contributions.

When can I take my KiwiSaver out?

Usually at 65. You may be able to take some out earlier to buy your first home.