KiwiSaver calculator: how much will you have at 65?
Your balance at 65 in today’s dollars, split into your money, your employer’s, the government’s and investment returns. Uses the government’s own projection assumptions and the move to 4% on 1 April 2028.
The short answer
A 30 year old earning $70,000 a year, with $20,000 in a balanced fund and contributing 3.5% (rising to 4% on 1 April 2028), would have about $302,947 at 65 in today’s dollars. That could pay about $247 a week from 65 to 90. Their annual statement would show $277,000, about $230 a week until age 90. The figures differ because the annual statement follows the Schedule 7A formula, which keeps today’s contribution rates to 65 and rounds to the nearest $1,000, while the year-by-year model also includes the move to 4% on 1 April 2028 and works out ESCT and the government contribution for each year.
about $247 a week from 65 to 90 · $605,861 in future dollars
$277,000 as a lump sum, about $230 a week until age 90.
The figures differ because the annual statement follows the Schedule 7A formula, which keeps today’s contribution rates to 65 and rounds to the nearest $1,000, while the year-by-year model also includes the move to 4% on 1 April 2028 and works out ESCT and the government contribution for each year.
Where it comes from, at 65 in today’s dollars
- Investment returns $134,414
- Government $3,650
- Employer, after ESCT $61,890
- You $92,993
- Balance today, after inflation $10,001
Your timeline
- Now, age 30
- 1 April 2028: default and employer rates move to 4%
- Age 65: KiwiSaver opens
Show the chart as a table
| Age | Year to | You | Employer | Government | Returns | Balance | Today’s dollars |
|---|---|---|---|---|---|---|---|
| 31 | 2027 | $2,450 | $1,715 | $261 | $700 | $25,126 | $24,633 |
| 32 | 2028 | $4,986 | $3,490 | $521 | $1,579 | $30,577 | $29,389 |
| 33 | 2029 | $7,985 | $5,590 | $782 | $2,650 | $37,007 | $34,872 |
| 34 | 2030 | $11,090 | $7,763 | $1,043 | $3,945 | $43,840 | $40,501 |
| 35 | 2031 | $14,303 | $10,012 | $1,304 | $5,479 | $51,097 | $46,280 |
| 36 | 2032 | $17,628 | $12,340 | $1,564 | $7,268 | $58,800 | $52,213 |
| 37 | 2033 | $21,070 | $14,749 | $1,825 | $9,326 | $66,970 | $58,301 |
| 38 | 2034 | $24,632 | $17,243 | $2,086 | $11,670 | $75,631 | $64,550 |
| 39 | 2035 | $28,320 | $19,713 | $2,346 | $14,317 | $84,696 | $70,870 |
| 40 | 2036 | $32,136 | $22,270 | $2,607 | $17,281 | $94,294 | $77,354 |
| 41 | 2037 | $36,085 | $24,916 | $2,868 | $20,581 | $104,451 | $84,006 |
| 42 | 2038 | $40,173 | $27,655 | $3,129 | $24,237 | $115,194 | $90,830 |
| 43 | 2039 | $44,404 | $30,490 | $3,389 | $28,269 | $126,552 | $97,829 |
| 44 | 2040 | $48,783 | $33,424 | $3,650 | $32,698 | $138,555 | $105,008 |
| 45 | 2041 | $53,316 | $36,460 | $3,911 | $37,548 | $151,234 | $112,369 |
| 46 | 2042 | $58,007 | $39,603 | $4,172 | $42,841 | $164,622 | $119,918 |
| 47 | 2043 | $62,862 | $42,856 | $4,432 | $48,603 | $178,753 | $127,659 |
| 48 | 2044 | $67,887 | $46,223 | $4,693 | $54,859 | $193,662 | $135,594 |
| 49 | 2045 | $73,088 | $49,708 | $4,954 | $61,637 | $209,386 | $143,729 |
| 50 | 2046 | $78,471 | $53,314 | $5,214 | $68,966 | $225,965 | $152,068 |
| 51 | 2047 | $84,042 | $57,047 | $5,475 | $76,874 | $243,439 | $160,615 |
| 52 | 2048 | $89,809 | $60,911 | $5,736 | $85,395 | $261,850 | $169,375 |
| 53 | 2049 | $95,777 | $64,910 | $5,997 | $94,560 | $281,242 | $178,352 |
| 54 | 2050 | $101,954 | $69,048 | $6,257 | $104,403 | $301,662 | $187,550 |
| 55 | 2051 | $108,347 | $73,332 | $6,518 | $114,961 | $323,158 | $196,975 |
| 56 | 2052 | $114,964 | $77,765 | $6,779 | $126,272 | $345,780 | $206,631 |
| 57 | 2053 | $121,813 | $82,354 | $7,039 | $138,374 | $369,580 | $216,523 |
| 58 | 2054 | $128,902 | $87,103 | $7,300 | $151,309 | $394,614 | $226,656 |
| 59 | 2055 | $136,238 | $92,018 | $7,300 | $165,121 | $420,677 | $236,889 |
| 60 | 2056 | $143,831 | $97,106 | $7,300 | $179,845 | $448,082 | $247,373 |
| 61 | 2057 | $151,690 | $102,371 | $7,300 | $195,527 | $476,889 | $258,114 |
| 62 | 2058 | $159,824 | $107,821 | $7,300 | $212,219 | $507,164 | $269,118 |
| 63 | 2059 | $168,243 | $112,957 | $7,300 | $229,969 | $538,469 | $280,127 |
| 64 | 2060 | $176,957 | $118,272 | $7,300 | $248,816 | $571,344 | $291,402 |
| 65 | 2061 | $185,975 | $123,773 | $7,300 | $268,813 | $605,861 | $302,947 |
Rules as at 10 November 2026. Paid by no KiwiSaver provider. General information, not financial advice.
Results by age and salary
At 65 in today’s dollars, starting from a $0 balance, on the default rate (3.5%, then 4% from 1 April 2028) in a balanced fund. Computed by the tested engine when this page was built.
| Age now | $40,000 | $55,000 | $70,000 | $85,000 | $100,000 | $130,000 |
|---|---|---|---|---|---|---|
| 20 | $240,925 | $318,726 | $396,001 | $474,276 | $553,451 | $710,394 |
| 25 | $200,386 | $265,608 | $329,075 | $393,472 | $458,706 | $587,865 |
| 30 | $164,175 | $217,538 | $269,610 | $321,694 | $374,557 | $479,067 |
| 35 | $131,966 | $174,072 | $216,382 | $258,072 | $299,982 | $382,673 |
| 40 | $103,365 | $135,535 | $168,166 | $201,529 | $234,051 | $297,476 |
| 45 | $77,763 | $101,435 | $125,287 | $150,279 | $175,294 | $222,378 |
| 50 | $55,058 | $71,326 | $87,473 | $104,681 | $122,241 | $156,378 |
| 55 | $34,340 | $44,432 | $54,210 | $64,605 | $75,328 | $97,173 |
| 60 | $15,682 | $20,802 | $24,766 | $29,484 | $34,245 | $44,138 |
The same, with a $20,000 balance
As above, starting with $20,000 already saved.
| Age now | $40,000 | $55,000 | $70,000 | $85,000 | $100,000 | $130,000 |
|---|---|---|---|---|---|---|
| 20 | $279,503 | $357,304 | $434,579 | $512,854 | $592,029 | $748,972 |
| 25 | $236,248 | $301,470 | $364,938 | $429,334 | $494,568 | $623,727 |
| 30 | $197,513 | $250,876 | $302,947 | $355,032 | $407,895 | $512,405 |
| 35 | $162,957 | $205,063 | $247,373 | $289,063 | $330,973 | $413,664 |
| 40 | $132,175 | $164,344 | $196,975 | $230,339 | $262,860 | $326,286 |
| 45 | $104,545 | $128,216 | $152,068 | $177,060 | $202,076 | $249,159 |
| 50 | $79,954 | $96,222 | $112,369 | $129,577 | $147,138 | $181,274 |
| 55 | $57,484 | $67,575 | $77,354 | $87,748 | $98,471 | $120,317 |
| 60 | $37,197 | $42,317 | $46,280 | $50,998 | $55,759 | $65,653 |
How compounding works
Returns start to earn returns.
Put $1,000 a year into a balanced fund at the 3.5% return set for annual statements, and watch what happens.
Year 1
You put in $1,000. At the end of the first year your balance is $1,000: no returns yet, because the money arrives through the year.
Year 10
You have put in $10,000. Your balance is $11,731, so returns have added $1,731.
Year 20
You have put in $20,000. Returns have now added $8,280, because last year’s returns are earning returns too.
Year 35
You have put in $35,000. Your balance is $66,674, and $31,674 of it is returns. The curve bends upward the longer you leave it.
- Paid in
- Returns
Figures from the Schedule 7A formula used for annual statements, before inflation.
Questions people ask
How much will I have in KiwiSaver at 65?
It depends on your age, pay, balance, contribution rate and fund type. For example, a 30 year old on $70,000 with $20,000 in a balanced fund, on the default rate, would have about $302,947 at 65 in today’s dollars.
Why is this different from my annual statement?
Your statement uses the Schedule 7A formula with today’s contribution rates. This calculator shows that figure too, and also a year-by-year model that includes the move to 4% on 1 April 2028.
What return does the calculator assume?
By default it uses the returns set in law for annual statements: 1.5% defensive, 2.5% conservative, 3.5% balanced, 4.5% growth and 5.5% aggressive, after fees and tax, with inflation of 2% and pay growth of 3.5%.
What are today’s dollars?
A future amount with 2% a year of inflation taken out, so you can compare it with prices now.
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