Contributions from you, the government, employers and investment returns.

There’s much more than just your money going in.

Make the most of it.

WHY? The government will give you 50 cents for every dollar you put in – that’s up to $521 each year. If you’re an employee and put in 3% of your salary, your boss will match it with another 3%.

HOW? Make sure you’re contributing at least $1,043 each year to get the government money, and at least 3% to get your employer’s contribution. Find out how much you put in from your payslip or at


How does KiwiSaver work?

Here’s where to get started if you haven’t joined KiwiSaver yet. Here are some common myths, too. 

I’ve been in KiwiSaver a while now. Does that matter?

Many of us were opted in automatically at first and never looked into it. If this is you, good news: you may have more in your account than you realised! But you also may not be getting all the government money you could, you may be paying too much tax, or your money may be flowing into a fund that’s entirely wrong for your situation. It definitely pays to check. If you’re not sure who your provider is, you can find out by signing up to myIR Secure Online Services, or by calling Inland Revenue.

Wait, should I be putting in more than 3%?

Possibly. The more you put in, the more you get out. Lifting your contributions from 3% to 8%, for example, could on average give someone $197,000 more by the time they retire! For now though, make sure you’re putting in at least enough to get your due from the government and your employer. You can come back to this afterwards, but let’s look at the other steps to getting sorted first.

Can I use KiwiSaver to save for a home?

You can! Here’s where to find more information on how to do that. Other than a first-home purchase, though, keep in mind that KiwiSaver is a long-term scheme to put you in a better place for your retirement.

Check your tax rate

WHYSome pay more tax than they need to in KiwiSaver, so it pays to make sure your PIR (prescribed investor rate) is correct. If it’s wrong, changing it could make a difference on average of $26,000 for you in KiwiSaver.


Check your prescribed investor rate (PIR) with your KiwiSaver provider.


Is your income less than $48,000 each year?

Why it's important to find the right type of fund 

KiwiSaver funds come in five types, based on the mix of investments they hold. This can make a huge difference to your results. Let’s say you earn $60,000 a year on average over your career
switching from a conservative fund to a growth one (if it’s a good fit) could give you around $133,000 more.


Find the right type of fund for you!

We’ve put the many KiwiSaver funds into five groups based on how much of the more risky investments they hold, like shares and property.
Depending on how long you are investing for and your attitude towards risk, one type (defensive, conservative, balanced, growth, or aggressive) will probably work best for you.


Answer these three questions to find the right type of fund for you.

1 How long before you expect to start spending your KiwiSaver money – for a first home or in retirement?

2 What’s most important to you while you’re saving?

3 What range of gains and losses are you comfortable with over a single year?

of answered.

Sorting your settings is a start. 

After you've gone through Sorted's six steps, consider lifting your KiwiSaver contributions to get even more out of it. How much difference could it make? Run your numbers here.

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Tick your boxes

It's so satisfying. You can track your progress using your dashboard – add a task to your checklist, or set a goal with the amount you're aiming for.

Step 3

Start tackling your debt

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Feeling stuck?

Flick a question to the Sorted team, or reach out to MoneyTalks on 0800 345 123 for personalised help.


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