Retiring from work
-
Planning for retirement
It pays to plan for your retirement as early as possible.
-
Your last pay when you retire
When you leave your job because you’ve decided to retire, you’re responsible for checking that your final pay is taxed correctly. If it is not, you could get a bill from Inland Revenue at the end of the tax year.
-
Retirement age
There is no official retirement age in New Zealand, but there are some exceptions.
-
Getting NZ Superannuation or the Veteran's Pension
NZ Superannuation is a universal payment for NZ citizens and residents who are 65 or older. If you've served in New Zealand's Armed Forces you might be able to apply for a Veteran’s Pension instead.
-
SuperGold cards
If you get NZ Superannuation or a Veteran's Pension, you'll get a SuperGold Card. Use it to get business discounts, free or discounted council services, and free off-peak travel on public transport.
-
Managing your money in retirement
Most people get NZ Superannuation when they turn 65, but there are other sources of income you might use to support yourself.
-
KiwiSaver withdrawals after you turn 65
You can withdraw all your savings when you turn 65, as long as you've been a KiwiSaver member for at least 5 years.
-
Retirement villages
Moving to a retirement village is a big decision — it's important to get independent advice.
Have your say about this page
Is there something wrong with this page?
Last Updated
Page last updated: