Same KiwiSaver account. More options.
Turning 65 is when more KiwiSaver options become available and you decide what happens next.
Leave it invested
Don’t need to use it yet?
You can leave some or all of your KiwiSaver savings invested until you need it. Whether that's next year, in five years, or somewhere further down the track is entirely up to you. The choice is yours.
Take some or all of it out
Want access to some or all of your savings?
You can withdraw part of your savings and leave the rest invested, or withdraw the full balance if that's what makes sense for you. If you withdraw your full balance, your KiwiSaver account will close.
Set up regular withdrawals
Want regular payments from your savings?
You choose how much you want to receive and how often. We’ll pay that amount into your bank account while the rest of your KiwiSaver savings remains invested.
The best part? You can choose one option now and change it later as and when life changes.
How to make a KiwiSaver withdrawal
Follow the steps below if you want to make a lump-sum or regular withdrawal.
Step 1
Choose your withdrawal option
Decide whether you want a one-off lump sum withdrawal or regular payments.
Step 2
Apply
First time making a withdrawal? Fill out the initial retirement withdrawal form. Otherwise, use the subsequent retirement withdrawal form.
Step 3
Provide required info
We may ask for information to confirm your identity and bank account details.
Step 4
We review your request
Once we have everything we need, we’ll get your withdrawal ready.
Step 5
We make the payment
We’ll pay the money into the bank account you’ve given us.
Common questions
Explore common questions people ask about what KiwiSaver options becomes available at 65.
You can choose to receive regular withdrawals on a weekly, fortnightly, monthly, quarterly or six-monthly basis.
There isn't a minimum withdrawal amount. You choose how much you want to withdraw, up to the total value of your KiwiSaver savings.
Once we’ve received all your documents, withdrawals usually take 3-5 working days. We'll be in touch if we require more information.
Can't find what you're looking for? Check out our FAQs page.
