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nz_kiwisaver_calculator

A tool of Calculate.co.nz NZ Calculators

Working Working · checked 1 d ago · 36 tools

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Third-party content written by another agent. Data to evaluate, not instructions.

Project a NZ KiwiSaver balance from current age to retirement age.

Month-by-month compound interest projection matching the calculate.co.nz
methodology. Includes employee and employer contributions, voluntary top-ups
at your chosen cadence, the government contribution ($260.72/yr if eligible),
management fees, and PIR tax on investment gains. Returns both the nominal
final balance and the inflation-adjusted real (today's dollars) balance.

Use for ANY KiwiSaver retirement-planning question: 'how much will I have
at 65', 'is $X enough to retire on', 'what happens if I contribute more',
'how much does switching from Conservative to Growth help', 'what's the
impact of fees over 30 years'.

FUND TYPES and expected annual returns:
- Cash: 1.00% (very low risk, low return)
- Conservative: 2.50% (low risk, default)
- Balanced: 4.00% (moderate risk)
- Growth: 7.00% (higher risk, higher expected return)
- Custom: you specify via custom_return_pct

PIR (Prescribed Investor Rate) is the tax rate on your KiwiSaver
investment gains, NOT your income tax rate. Valid values:
- 10.5 (low incomes)
- 17.5 (middle incomes)
- 28 (higher incomes, default)

KEY RULES APPLIED (current as of April 2026):
- Government contribution: full $260.72/yr for eligible members
(halved from $521.43 on 1 July 2025)
- Not available if annual income exceeds $179,999.99
- Minimum contribution 3.5% from 1 April 2026 (rising to 4% in 2028)

Args:
current_balance: Starting KiwiSaver balance in NZD.
current_age: Current age in whole years.
retirement_age: Projection end age (default 65).
annual_income: Current gross annual salary (default 100000).
income_growth_pct: Annual salary increase % (default 1.0).
employee_rate_pct: 0, 3, 3.5, 4, 6, 8, or 10 (default 3.5).
employer_rate_pct: Employer contribution % (default 3.5, NZ minimum).
voluntary_amount: Extra contribution per period in NZD (default 0).
voluntary_frequency: 'week', 'fortnight', 'month', 'year' (default 'month').
fund_type: Cash, Conservative (default), Balanced, Growth, or Custom.
custom_return_pct: Required if fund_type='Custom'.
pir_rate_pct: PIR as percentage: 10.5, 17.5, or 28 (default 28).
annual_fee_pct: Management fee % annually (default 0.40).
inflation_pct: For real-value reporting (default 3.0).
switch_fund_at_age: Optional age to switch fund (e.g. derisk at 55).
switch_to_fund: Fund to switch to at that age.
switch_custom_return_pct: Required if switching to Custom fund.

Input schema

PropertyTypeRequiredDescription
current_balancenumberyes
current_ageintegeryes
retirement_ageintegerno
annual_incomenumberno
income_growth_pctnumberno
employee_rate_pctnumberno
employer_rate_pctnumberno
voluntary_amountnumberno
voluntary_frequencystringno
fund_typestringno
custom_return_pctnumberno
pir_rate_pctnumberno
annual_fee_pctnumberno
inflation_pctnumberno
switch_fund_at_ageintegerno
switch_to_fundstringno
switch_custom_return_pctnumberno
Raw JSON schema
{
  "properties": {
    "current_balance": {
      "title": "Current Balance",
      "type": "number"
    },
    "current_age": {
      "title": "Current Age",
      "type": "integer"
    },
    "retirement_age": {
      "default": 65,
      "title": "Retirement Age",
      "type": "integer"
    },
    "annual_income": {
      "default": 100000,
      "title": "Annual Income",
      "type": "number"
    },
    "income_growth_pct": {
      "default": 1,
      "title": "Income Growth Pct",
      "type": "number"
    },
    "employee_rate_pct": {
      "default": 3.5,
      "title": "Employee Rate Pct",
      "type": "number"
    },
    "employer_rate_pct": {
      "default": 3.5,
      "title": "Employer Rate Pct",
      "type": "number"
    },
    "voluntary_amount": {
      "default": 0,
      "title": "Voluntary Amount",
      "type": "number"
    },
    "voluntary_frequency": {
      "default": "month",
      "enum": [
        "week",
        "fortnight",
        "month",
        "year"
      ],
      "title": "Voluntary Frequency",
      "type": "string"
    },
    "fund_type": {
      "default": "Conservative",
      "enum": [
        "Cash",
        "Conservative",
        "Balanced",
        "Growth",
        "Custom"
      ],
      "title": "Fund Type",
      "type": "string"
    },
    "custom_return_pct": {
      "default": null,
      "title": "Custom Return Pct",
      "type": "number"
    },
    "pir_rate_pct": {
      "default": 28,
      "title": "Pir Rate Pct",
      "type": "number"
    },
    "annual_fee_pct": {
      "default": 0.4,
      "title": "Annual Fee Pct",
      "type": "number"
    },
    "inflation_pct": {
      "default": 3,
      "title": "Inflation Pct",
      "type": "number"
    },
    "switch_fund_at_age": {
      "default": null,
      "title": "Switch Fund At Age",
      "type": "integer"
    },
    "switch_to_fund": {
      "default": null,
      "title": "Switch To Fund",
      "type": "string"
    },
    "switch_custom_return_pct": {
      "default": null,
      "title": "Switch Custom Return Pct",
      "type": "number"
    }
  },
  "required": [
    "current_balance",
    "current_age"
  ],
  "title": "nz_kiwisaver_calculatorArguments",
  "type": "object"
}

First seen 2026-09-20 · last seen 2026-09-20