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KiwiSaver withdrawals

A composite image of hands holding drawn coins, a september 2026 calendar, stacks of coins with miniature homes on top and a pink piggy bank.
Early KiwiSaver withdrawals rose to $243.6 million in September
Volume of financial hardship withdrawals overtook early KiwiSaver withdrawals for first homes in September
by Mandy Te
Volume of financial hardship withdrawals overtook early KiwiSaver withdrawals for first homes in September
A composite image of NZ money overlayed with a piggy bank, miniature people, a stack of coins and miniature homes and a key with a house key chain.
Early KiwiSaver withdrawals reach $2.8b in June year, with financial hardship behind over $538m
First home buyers and financial hardship drove annual KiwiSaver early withdrawals above $2.8 billion, Inland Revenue data shows
by Mandy Te
1
First home buyers and financial hardship drove annual KiwiSaver early withdrawals above $2.8 billion, Inland Revenue data shows
A composite image of graph paper overlayed with two piggy banks and a stack of coins that have miniature homes on top of them.
Early KiwiSaver withdrawals reached $226.3 million in August
Amount withdrawn from KiwiSaver for first homes and financial hardship reached $226.3m in August
by Mandy Te
Amount withdrawn from KiwiSaver for first homes and financial hardship reached $226.3m in August
A composite image of grid paper, a key hook, New Zealand coins and a piggy bank.
First-home withdrawals hit record levels, average KiwiSaver balance passes $40,000 - FMA report
[updated]
FMA annual report shows KiwiSaver members took out $6.8 billion due to growing number of people accessing retirement savings and making early withdrawals for first home purchases
by Mandy Te
4
FMA annual report shows KiwiSaver members took out $6.8 billion due to growing number of people accessing retirement savings and making early withdrawals for first home purchases
People can withdraw money from their KiwiSaver when they reach 65, which is retirement age, but you can also apply for early withdrawals to buy your first house or because of financial hardship. Composite image source: 123rf.com and interest.co.nz
Early KiwiSaver withdrawals reach $260 million in July
Early KiwiSaver withdrawals for July saw savers taking out $260.1 million, with the bulk of that money going towards first home purchases
by Mandy Te
1
Early KiwiSaver withdrawals for July saw savers taking out $260.1 million, with the bulk of that money going towards first home purchases
A composite image of a blue tiled background overlayed with a tilted piggy bank that is open and placed on top of some coins.
Early KiwiSaver withdrawals topped $244 million in June
First home buyers take out the bulk of June's $244m in early KiwiSaver withdrawals
by Mandy Te
First home buyers take out the bulk of June's $244m in early KiwiSaver withdrawals
A composite image of grid paper overlayed with a sold sign, stacks of coins and dollar signs.
Early KiwiSaver withdrawals hit $243 million in May
KiwiSaver early withdrawals topped $243m in May as political parties roll out KiwiSaver policies ahead of the election
by Mandy Te
5
KiwiSaver early withdrawals topped $243m in May as political parties roll out KiwiSaver policies ahead of the election
A composite image of a house overlayed with a hand putting a dollar into a savings jar and New Zealand coins.
Early KiwiSaver withdrawals hit $229.6 million in April
KiwiSaver early withdrawals, for first home deposits and financial hardship reasons, topped $229.6 million in April
by Mandy Te
1
KiwiSaver early withdrawals, for first home deposits and financial hardship reasons, topped $229.6 million in April
A composite image of a half yellow, half blue background overlayed with a green sold sign, New Zealand coins and a hand putting a coin in a piggy bank.
Early KiwiSaver withdrawals hit new monthly high, topping $296m in March
First home buyers and financial hardship drove KiwiSaver early withdrawals to new monthly high above $296 million in March, Inland Revenue data shows
by Mandy Te
7
First home buyers and financial hardship drove KiwiSaver early withdrawals to new monthly high above $296 million in March, Inland Revenue data shows
A composite image of an abstract background overlayed with a piggy bank and coins.
Financial hardship behind just over half February's early KiwiSaver withdrawals
Just over half of February's early withdrawals were due to financial hardship, latest KiwiSaver figures from Inland Revenue show
by Mandy Te
1
Just over half of February's early withdrawals were due to financial hardship, latest KiwiSaver figures from Inland Revenue show
A composite image of red wallets against a light blue background overlayed with a black and white piggy bank that has coins coming out from the bottom.
Financial hardship behind a high number of early KiwiSaver withdrawals
More than half early KiwiSaver withdrawals in January prompted by financial hardship
by Mandy Te
1
More than half early KiwiSaver withdrawals in January prompted by financial hardship
A pile of coins that have been blurred with piggy banks overlayed on top.
Number of early KiwiSaver withdrawals caused by financial hardship hit record high
Inland Revenue data for December shows over 6000 KiwiSaver withdrawals due to hardship made in that month
by Mandy Te
1
Inland Revenue data for December shows over 6000 KiwiSaver withdrawals due to hardship made in that month
A hand holding New Zealand bank notes overlayed on top of piggy banks against a colourful background.
Early KiwiSaver withdrawals topped $255 million in November
Inland Revenue data shows early KiwiSaver withdrawals hit a new monthly high of over $255 million in November
by Mandy Te
Inland Revenue data shows early KiwiSaver withdrawals hit a new monthly high of over $255 million in November
A composite image of a blue tiled background overlayed with a tilted piggy bank that is open and placed on top of some coins.
Early KiwiSaver withdrawals reach highest monthly value to date
Early KiwiSaver withdrawals hit new monthly high of $246.9 million in October
by Mandy Te
5
Early KiwiSaver withdrawals hit new monthly high of $246.9 million in October
A collection of piggy banks against a blue background.
Early KiwiSaver withdrawals reached $234 million in September
Thousands of early KiwiSaver withdrawals were made in September with IRD data showing early withdrawals totalling $234 million
by Mandy Te
Thousands of early KiwiSaver withdrawals were made in September with IRD data showing early withdrawals totalling $234 million