Income after you turn 65

Most people get NZ Superannuation when they turn 65, but there are other sources of income you might use to support yourself. These can affect the tax you pay or benefits you can apply for.

Work income

You can continue to work after you turn 65. With a few exceptions, there is no retirement age in NZ.

Retiring from work

Tax on your final pay from your employer

If your employer gives you a sum of money when you retire from your job, you pay tax on it. See how you’re taxed on:

Income after retiring from work

NZ Super, a type of pension, is the main source of income for many New Zealanders when they turn 65. Find out how to:

Sources of income while you’re retired

There are other sources of income that can either:

  • provide a regular income when you retire from work
  • pay for one-off costs.

Other pensions

Savings and investments

Assets, including your home

Family

When you’re from another country and want to retire in New Zealand

If you qualify, Immigration New Zealand has a couple of retirement visas that may allow you to:

Income to report

For different types of income, you need to tell:

When to report your income

You need to report your income to:

  • Inland Revenue when you do your tax return
  • Work and Income if you apply for or get a benefit from them.

More information

Who to contact for more help

If you need more help or have questions about the information or services on this page, contact one of the following agencies.

Utility links and page information

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