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Number of withdrawals from KiwiSaver funds by withdrawal reason each month

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

This graph has two line bars. The vertical axis shows the number of members who have withdrawn their KiwiSaver savings for a first home purchase or financial hardship. The horizontal axis represents data from December 2019 to December 2020.

In December 2020, of the members who withdrew their savings:

  • 7,320 did so for either a first home purchase or financial hardship, up from 6,000 in December 2019
  • 4,790 did so for buying a first home, up from 4,000 in December 2019
  • 2,110 did so due to financial hardship, up from 2,000 in December 2019.

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 The vertical axis shows the number of members who have withdrawn their KiwiSaver savings for the purposes of first home purchase or financial hardship.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.