Turn your savings into a guaranteed income for life.
Kickstart your Retirement
Kickstart your retirement with up to $1,000 for new applications received by 21 Dec 2018 and settled by 31 March 2019.
Benefits of Lifetime
A guaranteed 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, your income is insured and guaranteed for life.
Your money is always yours
If you need to withdraw some, or all of your investment down the track, you can. It’s your money and it’s always available. If you pass away, your balance will be paid to your estate.
Your income is secure
Lifetime is licensed as an insurance company by the Reserve Bank of New Zealand and regulated by the Financial Markets Authority. Your investment is held and supervised by the Public Trust, a crown entity.
See how much income you could get using the Lifetime Income Calculator.
How it works
So how do you turn a lump sum into an income that will last the rest of your life?
When you invest with Lifetime, your savings are invested in a balanced fund and your income is insured to make sure it lasts as long as you do.
The fund provides you with a market investment return and regular withdrawals are made to fund your fortnightly income payments.
Your income is paid into your bank account fortnightly on the same day as NZ Super. Your income is insured for life, regardless of what happens to interest rates or financial markets.
Spend your income however you like. If anything changes, you're free to withdraw all or part of your investment. If you pass away, your balance is paid to your estate.
Meet the team
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.
Director & Chairperson
Diana Crossan is the former Retirement Commissioner of New Zealand, a position she held for ten years. Prior to this, she was a Senior Executive with AMP and has held senior leadership roles in the public and SOE sectors. Her past directorships include Mighty River Power, New Zealand Post, and Wellington Free Ambulance.
Martin Hawes is one of New Zealand’s leading financial commentators and advisers. He has authored multiple books on personal financial planning including best-selling titles "Twenty Good Summers" and "Family Trusts". He is also a financial columnist for the Sunday Star Times and stuff.co.nz.
November 05 2018
According to top economist, Shamubeel Eaqub the financial industry is geared up to serve itself, not its customers.
It’s entirely focused on saving for retirement and we must change the language from needing to 'save a lump sum' to figuring out 'how much income we need'.
If you have any questions, please feel free to give us a call or send us an email.