Enter your age, balance and pay to see what your KiwiSaver could be worth at 65 with your contribution rate, your employer's contributions after ESCT, the government contribution and your fund type, in today's money, with a PIR finder.
How to use the KiwiSaver calculator
- Enter your age, your KiwiSaver balance and your pay before tax.
- Choose your contribution rate and fund type, and add any voluntary contributions.
- Open Assumptions to change your retirement age, pay rises, employer rate, return or inflation.
- Read your balance at 65 and the weekly income it could pay, and use the PIR finder to check your tax rate.
Worked example
A 30-year-old earning $70,000 with $15,000 saved, on the 3.5% default in a balanced fund. This year they put in $2,450, their employer adds $2,450, of which $1,715 arrives after 30% ESCT, and the government adds $260.72. With pay rising 3.5% a year, the default rate moving to 4% in 2028 and a 3.5% return after fees and tax, the balance at 65 is about $598,548, or $299,290 in today's money: about $245 a week from 65 to 90. In a growth fund (4.5%) it would be about $361,531 in today's money, and contributing 6% instead about $380,722.
The rules and assumptions
- You: 3.5% default (3% with a temporary reduction), or 4%, 6%, 8% or 10%; 4% default from 1 April 2028
- Employer: at least 3.5% (4% from 1 April 2028), taxed with ESCT at 10.5% to 39%
- Government: 25c per $1 you put in, up to $260.72 a year, ages 16 to 64, income up to $180,000
- FMA projection assumptions: 1.5% to 5.5% a year after fees and tax by fund type, 2.5% after 65, pay rises 3.5%, inflation 2%
Sources: Inland Revenue (KiwiSaver changes, government contribution, ESCT, PIR), Financial Markets Authority (KiwiSaver projection assumptions). Everything runs in your browser.
Frequently asked questions
How much will I have in KiwiSaver at 65?
It depends on your pay, contribution rate, fund and how long you save. A 30-year-old earning $70,000 with $15,000 saved, on the default rate in a balanced fund, could have about $598,500 at 65, or $299,300 in today's money, using the FMA's projection assumptions. The calculator shows yours, year by year.
What changed in KiwiSaver in 2025 and 2026?
From 1 July 2025 the government contribution halved to 25 cents per dollar, up to $260.72 a year, and stopped for incomes over $180,000; 16 and 17-year-olds became eligible for it. From 1 April 2026 the default rate for you and your employer rose from 3% to 3.5%, and it rises to 4% on 1 April 2028.
How do I get the full government contribution?
Put in at least $1,042.86 of your own money between 1 July and 30 June, be 16 to 64, live mainly in New Zealand and have taxable income of $180,000 or less. Employer contributions don't count towards it, but voluntary payments do.
Why is my employer's contribution less than 3.5% in my account?
Employer contributions are taxed with employer superannuation contribution tax (ESCT) before they reach your account: 10.5% to 39%, depending on your pay for last year plus the employer's contributions. On $70,000 the rate is 30%, so $2,450 from the employer becomes $1,715.
What PIR should I use?
10.5% if your taxable income was $15,600 or less and, with PIE income added, $53,500 or less in either of the last two tax years; 17.5% if it was $53,500 or less and $78,100 or less with PIE income; otherwise 28%. If you don't tell your provider, they use 28%, and if your rate is too low you'll pay the difference at the end of the year.
Which fund type should I choose?
Growth and aggressive funds usually earn more over long periods but go up and down more, so they suit money you won't need for many years. Defensive and conservative funds are steadier but grow less. The FMA's projection returns, after fees and tax, are 1.5% for defensive up to 5.5% for aggressive funds. This calculator isn't financial advice.
