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Number of KiwiSaver closed accounts each month

   

 This graph has shows the number of KiwiSaver members who have closed their KiwiSaver accounts.  

In March 2021:
  • 298.3 thousand members have closed their accounts, up from 257.9 thousand in March 2020.
  • 28.3 thousand members have closed their accounts due to death, up from 27.3 thousand in March 2020.
  • 24.1 thousand members have closed their accounts due to permanent emigration, up from 23 thousand in March 2020.
  • 181 thousand members have closed their accounts due to retirement, up from 163.9 thousand in March 2020.
  • 13,690 members have closed their accounts due to serious illness, up from 11,960 in March 2020.

Number of KiwiSaver closed accounts each year

This graph shows the number of members at the end of each financial year who have closed their account and withdrawn their savings due to:

  • retirement
  • permanent emigration
  • death
  • serious illness.

This graph has 10 stacked vertical bars. The vertical axis shows the number of KiwiSaver members who have closed their KiwiSaver accounts. The horizontal axis represents data from June 2011 to June 2020.

As at June 2020, of KiwiSaver members:

  • 265,000 have closed their accounts, up from 26,000 in June 2011
  • 28,000 closed their accounts due to death, up from 3,000 in June 2011
  • 23,000 closed their accounts due to permanent emigration, up from 3,000 in June 2011
  • 168,000 closed their accounts due to retirement - no member was in this category in the 2011 financial year
  • 12,000 closed their accounts due to serious illness, up from 877 in June 2011.