KiwiSaver Calculator
The LifeCovered KiwiSaver Retirement Calculator helps you estimate how much you might need to save into your KiwiSaver account to reach your retirement income goal in New Zealand.
KiwiSaver Retirement Income Calculator
Estimate your retirement income based on your KiwiSaver contributions and fund type
- →From 1 July 2025: Government now contributes 25 cents per dollar you contribute, up to $260.72/year (previously $521.43).
- →From 1 April 2026: The default contribution rate rises from 3% to 3.5% for both you and your employer.
Use this KiwiSaver Retirement Calculator to see what your retirement income could look like
Whether you are just starting out or getting close to retirement, this calculator gives you an estimate of how much annual income you might expect in retirement based on your current KiwiSaver balance, salary, and contribution levels.
It includes New Zealand Superannuation (NZ Super) by default, assuming you are eligible for the full amount at age 65. You can also adjust your own contribution rate, employer contributions, salary, and retirement age to explore different scenarios.
You will see how your retirement savings could grow, and discover how small changes today can make a big difference in the future.
How does the KiwiSaver Retirement Calculator work?
This calculator estimates your likely annual retirement income from your KiwiSaver account, based on your:
- Age and expected retirement age
- Gross annual income
- Current KiwiSaver balance
- Employee and employer contributions
- Fund type (e.g. Conservative, Balanced, Growth)