Turn your nest egg into an income

Turn your savings into a fortnightly income that's insured to last the rest of your life, no matter how long you live.

Lifetime Income Fund

Retirement is a new adventure

It's the reason that you started saving all those years ago.
But now that you're finally here, how do you make your savings last as long as you do?

How it works

Your pay cheque may have stopped but the bills haven't

So how do you turn a lump sum into a reliable income that will last the rest of your life?

Step 1

When you invest with Lifetime, your savings are invested in a balanced fund. Your income is insured to make sure it lasts as long as you do.

Step 2

The fund is designed to grow your nest egg and make it last as long as possible. You can add to or withdraw from the fund at any time.

Step 3

Your fortnightly income payments can start any time after you turn 60. Regular withdrawals are made from the fund to provide income payments to you.

That's it!

Spend your income payments however you like. Rest assured knowing your income is insured and will continue for the rest of your life, no matter how long you live.


Benefits of Lifetime

Why choose Lifetime?

A dependable income for life

Lifetime gives you certainty. You know you’ve got money coming in every fortnight to pay the bills, just like when you were working.

Protects your downside

You don’t need to worry about stock market crashes or low interest rates affecting your income. With Lifetime, you have an insured income, for life.

Your money is always yours

If you need to withdraw some, or all of your savings down the track, you can. It’s your money and it’s always available. If you pass away, your remaining capital will go to your estate.

Your income is secure

Lifetime is licensed and regulated by The Reserve Bank of New Zealand and the Financial Markets Authority. Your investment is supervised by the Public Trust, a crown entity.

Income Calculator

What could your income be?

See how much income your nest egg could generate by using the Lifetime Income Calculator.

Between $25,000 and $1,000,000
Between 60 and 90
Between 60 and 90

Meet the team

The team behind Lifetime

Photo of Sir Michael Cullen

Sir Michael Cullen


Sir Michael Cullen is the former Deputy Prime Minister and Finance Minister of New Zealand. During his time in Government, he was responsible for setting up KiwiSaver and establishing the New Zealand Superannuation Fund. Sir Michael has also been Attorney-General of New Zealand and Chairman of New Zealand Post.

Photo of Diana Crossan

Diana Crossan

Director & Chairperson

Diana Crossan was the Retirement Commissioner of New Zealand for ten years. Prior to this, Diana was a Senior Executive with AMP in the UK and New Zealand and has held senior leadership roles in the public and SOE sectors. Her past directorships include Mighty River Power and New Zealand Post.

Photo of Martin Hawes

Martin Hawes


Martin Hawes is one of New Zealand’s leading financial commentators. An authorised financial adviser, Martin has authored multiple books and publications on personal financial planning. He is also a columnist for the Sunday Star Times.

Contact Us

Secure your income today

If you have any questions, please feel free to give us a call or send us an email.

Phone 0800 254 338