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.
Visit the payment rates page to see how this compares to other investments.