Boosted from the get-go
  • Unhappy Young Woman Bicycle Booster Kiwisaver Scheme
  • Unhappy Young Woman Bicycle Booster Kiwisaver Scheme
  • Smiling Young Woman Scooter Booster Kiwisaver Scheme

Retirement withdrawal

You can withdraw all your KiwiSaver funds when you meet both the following conditions. You must:

  • reach the qualification age for New Zealand superannuation, currently 65
  • have been in KiwiSaver for at least five years.

Transferred funds from an Australian super

If you've transferred funds from an Australian complying superannuation scheme to a KiwiSaver scheme, you can withdraw these transferred funds when you meet both the following conditions. You must:

  • reach the age of 60
  • satisfy the definition of 'retirement' in Australian legislation.

Withdrawing your KiwiSaver money

You can choose to withdraw:

  • your entire savings as a lump sum
  • part of your KiwiSaver savings.

But you don't have to withdraw your KiwiSaver money if you don't want to. If you don’t need your savings right away, you can leave some or all of them in your KiwiSaver account so they can continue to grow.

What’s best for you will depend on your overall financial situation and your lifestyle – we recommend you talk to your financial adviser before making any decision.

To apply for retirement withdrawal, return the completed Booster KiwiSaver Scheme Retirement Withdrawal Form (PDF 52kB) either to us or your financial adviser.