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Rates

The Guaranteed Annuity (Liquid Lifetime) (Annuity) provides regular payments for your lifetime in exchange for an initial capital investment, regardless of how long you live or how investment markets perform. They work like a pay cheque in retirement, giving you peace of mind, for life.

The Annuity offers three liquidity options, so you can tailor it to meet your needs.

For more information, see our Lifetime annuities page.

Current annual payments for every $100,000 you invest in the Annuity are illustrated below. The payments shown are for specific ages, before any tax obligations, for a single life Annuity bought with non-superannuation money. The payments do not include adviser service fees.

For other options, contact your financial adviser or call us on 13 35 66.

Current from 20 November 2017 to 27 November 2017

Annual payments - regular income (15 year withdrawal guarantee)

Male

Age* Maximum withdrawal guarantee
 
Amount of inflation protection
 
Full Partial Nil
65 100% $3,581 $4,097 $4,377
70 100% $3,666 $4,145 $4,388
75 70% $4,884 $5,380 $5,554
80 20% $6,564 $7,177 $7,650

Female

Age* Maximum withdrawal guarantee
 
Amount of inflation protection
 
Full Partial Nil
65 100% $3,562 $4,087 $4,376
70 100% $3,657 $4,153 $4,409
75 70% $4,835 $5,345 $5,572
80 20% $6,345 $7,014 $7,491

*Age at commencement of annuity.

Annual payments – flexible income (reducing liquidity)

Male

Age* Withdrawal period
 
Amount of inflation protection
Full Partial Nil
65 18 years $5,367 $6,313 $6,855
70 14 years $6,099 $7,019 $7,504
75 10 years $7,242 $8,146 $8,580
80 7 years $8,886 $9,773 $10,153

Female

Age* Withdrawal period
 
Amount of inflation protection
Full Partial Nil
65 21 years $5,133 $6,082 $6,637
70 16 years $5,800 $6,721 $7,221
75 12 years $6,747 $7,644 $8,087
80 9 years $8,074 $8,942 $9,327

*Age at commencement of annuity

Annual payments – enhanced income (no liquidity)

Male

Age* Amount of inflation protection
Full Partial Nil
65 $5,751 $6,763 $7,342
70 $6,668 $7,671 $8,201
75 $8,062 $9,067 $9,549
80 $10,199 $11,215 $11,650

Female

Age* Amount of inflation protection
Full Partial Nil
65 $5,446 $6,451 $7,039
70 $6,250 $7,242 $7,780
75 $7,447 $8,435 $8,923
80 $9,251 $10,244 $10,683

*Age at commencement of annuity

Financial advice

We recommend you speak with a financial adviser before making any investment decisions. A financial adviser can help you determine how to create a retirement portfolio to best achieve your goals, including maximising any social security entitlements. They will generally agree with you a charge for providing advice which you may elect to pay out of your annuity rate and/or payments. The rates in the table above do not take any such fees into account.

Term annuities provide dependable, regular payments for a fixed term of your choosing, in exchange for an initial capital investment. For more information, see our Fixed term annuities page.

Current annual payments for every $100,000 you invest in the Challenger Guaranteed Annuity (Annuity) are illustrated below. The payments shown are for specific terms, before any tax obligations, for an Annuity bought with non-superannuation money. The payments do not include an adviser service fee.

For other options, contact your financial adviser or call us on 13 35 66.

Current from 20 November 2017 to 27 November 2017

Annual payments - Term Annuity

Term Annual income payment
 
Years Capital returned at end Capital returned throughout
6 $3,400 $18,552
10 $3,700 $11,964
15 $3,950 $8,775

Financial advice

We recommend you speak with a financial adviser before making any investment decisions. A financial adviser can help you determine how to create a retirement portfolio to best achieve your goals, including maximising any social security entitlements. They will generally agree with you a charge for providing advice which you may elect to pay out of your annuity rate and/or payments. The rates in the table above do not take any such fees into account.

Challenger CarePlus (CarePlus) is designed for people who have been assessed as being eligible to receive Government-subsidised aged care services (including both residential and home care). It provides regular payments that last for your lifetime while allowing you to leave a bequest to your family when you pass away. CarePlus is comprised of two products: CarePlus Annuity and CarePlus Insurance. For more information, see our CarePlus page.

Current annual payments for every $100,000 you invest in CarePlus are illustrated below. The payments shown are for specific ages, before any tax obligations. The payments do not include adviser service fees.

For other options, contact your financial adviser or call us on 13 35 66.

Current from 20 November 2017 to 27 November 2017

Annual payments – CarePlus Annuity

Age* Male Female
75 $2,966 $3,062
80 $2,937 $3,017
85 $2,915 $2,981
90 $2,900 $2,953
95 $2,888 $2,928

*Age at commencement of annuity

Financial advice

We recommend you speak with a financial adviser before making any investment decisions. A financial adviser can help you determine how to create a retirement portfolio to best achieve your goals, including maximising any social security entitlements. They will generally agree with you a charge for providing advice which you may elect to pay out of your annuity rate and/or payments. The rates in the table above do not take any such fees into account.