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Number of withdrawals from KiwiSaver funds by withdrawal reason each month

This graph has two-line bars. The vertical axis shows the number of members who have withdrawn their KiwiSaver savings for the purposes of first home purchase or financial hardship. The horizontal axis represents data from May 2020 to May 2021.

In May 2021:

  • 6,270 members have withdrawn their savings for first home purchase or financial hardship, up from 4,150 in May 2020.
  • 4,850 members have withdrawn their savings for the purpose of first home purchase, up from 2,450 in May 2020.
  • 1,420 members have withdrawn their savings due to financial hardship, down from 1,690 in May 2020.

Number of withdrawals from KiwiSaver funds by withdrawal reason each financial year

This graph shows the number of members who made fund withdrawals each financial year for either a first home or financial hardship.

This graph has 2 line bars. The vertical axis shows the number of members who have withdrawn their KiwiSaver savings for the purposes of first home purchase or financial hardship. The horizontal axis represents data from June 2011 to June 2020.

By June 2020, of the members who withdrew their savings:

  • 62,000 did so for either a first home purchase or financial hardship; up from 7,000 in the 2011 financial year
  • 42,000 did so for buying a first home; up from 2,000 in the 2011 financial year
  • 20,000 did so due to financial hardship; up from 5,200 in the 2011 financial year.