Retirement Life
21 October 2024
Ensure Security for You and Your Partner with Lifetime Retirement Income
Retirement is meant to be a time of peace and enjoyment, but financial uncertainty can quickly turn those golden years into stressful times - especially after the loss of a partner.
A common yet overlooked challenge is the financial strain that occurs when one spouse passes away, leaving the surviving partner with reduced income but unchanged expenses.
In New Zealand, when a partner passes, your NZ Superannuation payments drop to the single rate, yet household bills - like home insurance, utility costs, and council rates—stay the same. It’s a harsh reality many face: trying to maintain a two-person household on the income of one.
The emotional toll of losing a loved one can be overwhelming, and the added financial burden only compounds the stress.
Why Joint Retirement Income Plans Matter for Couples
This is where Lifetime Retirement Income steps in with a solution: joint retirement income plans. Designed specifically for couples, these plans ensure that your retirement income remains stable, even after the loss of a partner.
While your NZ Superannuation reduces, Lifetime’s consistent payments provide financial security, enabling you to cover expenses and continue living comfortably. It’s the peace of mind you and your partner deserve.
Calculate what you could draw in retirement.
Don’t Leave It to Chance
A joint retirement income plan ensures that if one of you passes away, the surviving partner won’t be left to cope with reduced income or navigate complex financial strategies.
With Lifetime Retirement Income managing the plan, there’s no need for the surviving partner to learn or manage intricate financial details - Lifetime takes the complexity out of your income.
Sustainable and Simplified: A Strategy for the Long-Term
Retirement planning is about more than just today - it’s about securing the next 20 years and beyond. Lifetime Retirement Income offers a simplified, sustainable plan designed to last, even if your circumstances change - like the loss of your partner.
Invest with Lifetime for a retirement income managed for living.