Ngā tatauranga mō ngā pūtea KiwiSaver kua tangohia, mā te tokomaha Statistics on KiwiSaver fund withdrawals, by number

All current KiwiSaver data, including monthly data, is available in Excel downloads located on the Datasets for KiwiSaver statistics page. Annual data is due to be uploaded by 30 September.

Datasets for KiwiSaver statistics

Number of withdrawals from KiwiSaver funds by withdrawal reason each month

This graph shows the number of KiwiSaver fund withdrawals, by withdrawal reason, over the past 12 months.

In October 2024:

• 8,450 members have withdrawn their savings for first home purchase or financial hardship, up from 5,800 in October 2023

Of this number:

• 4,490 members have withdrawn their savings for the purpose of first home purchase, up from 3,000 in October 2023
• 3,960 members have withdrawn their savings due to financial hardship, up from 2,800 in October 2023 

Notes:

• Figures are what has been provided by Scheme Providers to Inland Revenue and may not be 100% of all of these type of fund withdrawals.
• Figures do not cover all types of withdrawals. For example, Inland Revenue does not capture retirement withdrawals.
• Figures represent a distinct count of members.
• Figures are rounded to the nearest 10.
• Members can withdraw funds under both categories within the same period.
• Members can withdraw funds in more than one month, therefore monthly counts cannot be summed to find the number of members who made withdrawals during a year.
• Data for each month is as at a point in time and does not reflect any subsequent reversals or late approvals.

Number of KiwiSaver fund withdrawals, by withdrawal reason as at 30 June

This graph shows the number of KiwiSaver fund withdrawals, by withdrawal reason, as at 30 June 2024.

As at 30 June 2024:

• 69,430 members had withdrawn their savings for the purposes of first home purchase or financial hardship, up from 20,370 in the 2014 financial year

Of this amount:

• 36,960 members have withdrawn their savings having purchased a first home, up from 12,720 in the 2014 financial year
• 32,480 members have withdrawn their savings due to financial hardship, up from 7,660 in the 2014 financial year

Notes:

• Figures do not cover all types of withdrawals, for example, Inland Revenue does not capture retirement withdrawals.
• Figures are what have been provided by scheme providers to Inland Revenue and may not be 100% of all fund withdrawals.
• Totals represent a distinct count of members.
• Totals include a small number of members who withdrew funds under both categories during the year
• From April 2020 KiwiSaver information is reported from a new system.