Lifetime Income retirement
Why Lifetime Retirement Income?
Helping retirees turn their savings into retirement income for life
It's the reason 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?
Lifetime Retirement Income can help you turn your savings into a fortnightly income designed to last for the rest of your life.
This leaves you free to get out there and enjoy living.
Partnering with Lifetime
Backed by an experienced team
By partnering with Lifetime Retirement Income we are working with a team of industry experts, who can help our Members retire with confidence.
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Ralph Stewart: Managing Director and founder
Ralph Stewart is the former CEO of AXA and ACC. He has forty years of experience in New Zealand’s financial services sector including TOWER and Jardine Fleming. Ralph also sits on the Police Association Board. -
Diana Crossan: Director & chairperson
Diana Crossan is the former Retirement Commissioner of New Zealand where she played a pivotal role in establishing KiwiSaver and launching Sorted.Org. -
Martin Hawes: Director
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 “Cracking Open the Nest Egg
How does Lifetime Income work?
Lifetime helps retirees take care of the income part of their retirement plan by providing regular, tax paid, fortnightly payments into their bank account.
Receiving a reliable, tax—paid, retirement income that's managed to last a lifetime should not be difficult or complicated. Lifetime helps by actively managing the key unknowns: your life expectancy and investment returns.
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1. Your income is calculated
They calculate your unique annuity factor (age, gender, tax-rate, savings balance and expected investment returns) and lifestyle choices, to give you a reliable regular, tax-paid, retirement income.
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2. Your savings are invested
Your savings are invested in a Balanced Fund and managed by our experienced investment committee. Your account balance, investment returns and future payment details can be viewed anytime via the secure online portal.
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3. Regular tax-paid income
Your savings balance and investment returns are combined and paid each fortnight or 4-weekly on Super Tuesday, providing you with the confidence to spend your income as you please in retirement.
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4. Annual Review
Lifetime completes an Annual Income Review to check your account balance and life expectancy. The review may result in adjustments to your retirement income to ensure your balance will last your lifetime.
Testimonials
My dealings with everyone in Lifetime has been prompt, professional and understanding for which I am grateful and would not hesitate to recommend Lifetime to anyone who is interested.
Lifetime Retirement Income customer
The customer service at Lifetime is rated (according to me who has spent a career in the service industry) 9 out of 10. Giving a 10 can make folk complacent!
Lifetime Retirement Income customer
I am 64, work in finance and thought I had a fairly good handle on my retirement situation going forward. Dividing my retirement years into stages and investing accordingly hadn’t occurred to me as I am the risk adverse type, I now feel more confident and informed
Lifetime Income Retirement customer
About Lifetime Income Retirement
Founder and Managing Director, Ralph Stewart, began researching retirement income products in 2013, ultimately launching the first retirement income product in 2016, which was the forerunner to their latest retirement income solution.
Lifetime helps you take care of the income portion of your retirement plan by providing regular, tax-paid, fortnightly payments directly into your bank account. Their purpose is to help people enjoy their retirement with the security of an income for life. At Lifetime they have an affinity and passion for developing transparent, low-cost, high-value retirement income solutions that New Zealand retirees can have confidence in.
Lifetime has $1 billion in funds under management and is backed by a trusted Board of industry experts, including Diana Crossan. Diana served as the Retirement Commissioner from 2003 to 2013 and contributed significantly to the development of KiwiSaver in New Zealand.
