New Zealand Pension
Estimate the lump sum needed to fund a target annual pension income in New Zealand.
About New Zealand Pension
Estimates the lump sum (or current pension value) needed to fund an annual pension payout for the chosen period, discounted at the expected return. It treats the pension like an annuity.
Formula
PV
PV = P × (1 − (1+r)^−n) / r
Worked example
With the default values below, New Zealand Pension returns Lump Sum to Fund Pension of NZ$422,818.34. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Annual pension incomeminimum 0
- 30,000
- Payout period (years)accepts 1–50
- 25
- Expected returnaccepts 0–12
- 5
Results
- Lump Sum to Fund Pension
- NZ$422,818.34
- Total Payout
- NZ$750,000.00
Step by step
- 1Values used
- 2PV
- 3Lump Sum to Fund Pension= 422,818.34
- 4Total Payout= 750,000.00
Assumptions and limits
- The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax or fees or charges into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
- Estimate — discount rates vary.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Estimate — discount rates vary.
Frequently Asked Questions
Do pensions offer survivor benefits?
Often — survivor options reduce the monthly amount; factor that into the annual income you enter.
How accurate is this estimate?
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.
Related Calculators
New Zealand specifics
- Currency
- NZ$ NZDNew Zealand Dollar
- Region
- Oceania
- Country code
- NZ
- Amounts look like
- $1,234,567.89
- Dates look like
- 9 Mar 2026
- Units
- metricWeek starts Monday
Results on this page are expressed in NZD (New Zealand Dollar). Figures are estimates for general planning — confirm current rates and thresholds with the relevant New Zealand authority before relying on them.