Personal income projection

At Lifetime, we believe the amount of money you can withdraw each year from your retirement savings is personal – not one size fits all or rules of thumb. We couple your personal Lifestyle choices with your Personal Annuity Factor (your age, gender, PIR and expected returns) to give you a deeply personal income projection.

The following personal income questions will take just a minute to answer.

Your Investment

Question 1 of 7

Our income solutions complement a diversified investment plan, taking care of your regular retirement income requirements. There is a minimum investment of $25,000

Details

Question 2 of 7

Lifetime pays tax on your behalf at your normal Prescribed Investor Rate (PIR). This means your Retirement Income is estimated as a net amount and paid to you after tax. 

Don't know what your PIR is? Click Here to work out your personal PIR.

Question 3 of 7

If investing as a couple, we will base this on the longest life expectancy and the highest Prescribed Investor Rate. All illustrations, income estimates, life expectancies and detailed income journeys will be based on the youngest partner’s age.

Lifetime pays tax on your behalf at your normal Prescribed Investor Rate (PIR). This means your Retirement Income is estimated as a net amount and paid to you after tax. 

Don't know what your PIR is? Click Here to work out your personal PIR.

Your Lifestyle

Question 4 of 7

To calculate your retirement income we need to estimate your life expectancy. We have set out three options to allow you to choose the estimate that best suits you, and what you know about your family history.

Shorter Life Expectancy – Higher income, designed for those who aren’t expecting to live into their 90s
Average Life Expectancy –  Moderate income, designed for those who expect to live part way through their 90s.
Longer  Life Expectancy – Lower income, designed for those who are expecting to live into their late 90s.

If none of these options work for you please email retire@lifetimeincome.co.nz and we can tailored to meet your specific requirements.

Question 5 of 7

Would you like to spend more in the early years of your retirement?

You cannot maximise spending early in retirement if Cautious (Lowest Income Estimate) is selected

Approximately only 40% of people aged in their 60's and 70's will live into their mid-8O's. For this reason we give you the option to maximised your spending earlier in retirement. This means giving you more to spend earlier in retirement, then resetting your income at aged 85 out to your selected life expectancy.

Question 6 of 7

As you move through retirement there is a risk that your money becomes less valuable because of inflation. We can offer you the option to increase your income level each year, currently we are applying an annual increase of 1% each year. Note it is not a CPI aligned adjustment - it is 1% annually.

Question 7 of 7

Complete all fields to see you projected income results

You still have question 1 to complete

You still have question 2 to complete

You still have question 3 to complete

You still have question 4 to complete

You still have question 5 to complete

You still have question 6 to complete

You still have question 7 to complete

Well done! Here is your projected retirement income

From your investment you could be getting $0 fortnightly.

Your investment of $0 with Lifetime will give you an estimated fortnightly tax-paid income of $0, paid the same week as your New Zealand Superannuation payment.

Every year Lifetime will review what level of income you can be paid to deliver you a regular, tax-paid, fortnightly income with the purpose of lasting your lifetime.

$0
At age 0
$0
At age 85
$0
At age 0

Total income for the next 0 years

$0

Your initial investment of $0 plus estimated returns, net of fees and taxes, estimates a total income of $0 to spend over the next 0 years. We expect your income to cease when you are aged 0.

$0

Total income

Want to adjust your selections? Try as many combinations as you like.

Want to adjust the selections you made? Don't be shy.

Adjust selections

Your next steps, let’s get a detailed plan

Email my plan

Your projected fortnightly income at ages

  • $0

  • 85

    $0

  • $0

Total income for your next 0 years

$0

We are personalising your income projection. Feel free to navigate away from this page and we’ll email you with your detailed plan.