Lifetime Income Projection

At Lifetime, we believe the amount of money you can withdraw each year from your retirement savings is unique to you – not static or one size fits all. 

The following questions will take just a minute to answer.

The information provided in this Lifetime Income Projection does not constitute personalised financial advice. If you require personalised financial advice, please see a financial adviser.

Terms & Condition and Assumptions

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 $25000, please do not enter a comma when writing the number in. 

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.

In order to spend more in the early years of your retirement, your income start date needs to be before the age of 85. Lifetime can tailor options for post 85, please email retire@lifetimeincome.co.nz

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 2% each year. Note it is not a CPI aligned adjustment - it is 2% annually.

Question 7 of 7

Calculating results...

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Your results

We have calculated your projected retirement income.

Your investment of $0 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 a regular, tax-paid, fortnightly income with the purpose of lasting your lifetime.

$0
fortnightly
at age 0
$0
fortnightly
at age 85
$0
fortnightly
at age 0

Total estimated Lifetime Income for the next 0 years

Your initial investment of $0 plus forecast returns, net fees and taxes, estimates a total income of $0 over the next 0 years. We expect your income to cease at age 0.

$0
Lifetime Income

Your total estimated income, after fees and tax, for the next 0 years. We expect your income to cease at age 0.

Looking for more detail?

Request a Detailed Income Plan

We can send you a free, no obligation, information pack and detailed plan outlining your projected retirement income.

Adjust selections

Try out some different combinations of answers to see how it changes your projected income.

Results overview

Your initial investment of $0 plus forcast returns, net fees and taxes, estimates a total income of $0 over the next 0 years. We expect your income to cease at age 0.

Your projected fortnightly income at ages

  • $0

  • 85

    $0

  • $0

Total income for your next 0 years

$0

Request a Detailed Income Plan

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