Challenger lifetime annuities complement other retirement investments and sources of income, such as your super and the Age Pension. They provide a secure lifetime income which can be used as the foundation of your retirement plan.
About the Challenger Guaranteed Annuity (Liquid Lifetime)
The Challenger Guaranteed Annuity (Liquid Lifetime) is a lifetime annuity that pays a regular income for life in return for a lump sum investment. The regular income we agree to pay you is guaranteed for your lifetime, regardless of how long you live or how investment markets perform – giving you peace of mind in retirement.
You can use your super or personal savings to invest with a minimum investment amount of $10,000. Liquid Lifetime provides:
- guaranteed monthly payments for life (and your spouse’s life if you choose)
- payments that start immediately or on a future date you choose
- payments that keep pace with inflation*
- flexibility to withdraw and be paid a lump sum if your circumstances change within the withdrawal period*
- a known estate value via a guaranteed death benefit*
*You can ask us to remove these features in return for higher starting payments. But the choice is totally yours.