Lifetime annuity payment rates

Challenger lifetime annuities give you guaranteed regular income payable for life, regardless of how long you live, helping to give peace of mind in retirement.

The Challenger Lifetime Annuity (Liquid Lifetime) offers three options, so you can tailor it to meet your needs.

For product information, see our Lifetime annuities page.

Current from 04 August 2025 to 10 August 2025

The rates are indicative and for illustrative purposes only. For a tailored payment quotation, contact your financial adviser or call us on 13 35 66.

Lifetime Annuity (Liquid Lifetime)

Annual payments - Liquid Lifetime (Immediate payments)^

Age *	Withdrawal period	Amount of inflation protection
		Full	Partial	Nil	RBA cash linked
65	22 years	$4,977	$5,960	$6,630	$6,361
70	18 years	$5,589	$6,540	$7,152	$6,888
75	14 years	$6,470	$7,393	$7,947	$7,704
80	10 years	$7,873	$8,779	$9,279	$9,101

Age *	Withdrawal period	Amount of inflation protection
		Full	Partial	Nil	RBA cash linked
65	20 years	$5,220	$6,188	$6,832	$6,568
70	16 years	$5,918	$6,858	$7,447	$7,194
75	12 years	$6,955	$7,875	$8,410	$8,191
80	9 years	$8,564	$9,468	$9,951	$9,813

* Age at commencement of annuity
^ Annual payments per $100,000 investment

Lifetime Annuity (Liquid Lifetime)

Annual payments - Liquid Lifetime (Deferred payments)^

Age *	Withdrawal period	Payment commencement age
		Age 80	Age 85	Age 90
65	22 years	$1,281	$1,953	$3,499
70	18 years	$1,127	$1,766	$3,184
75	14 years	$959	$1,543	$2,844
80	10 years	$787	$1,308	$2,437

Age *	Withdrawal period	Payment commencement age
		Age 80	Age 85	Age 90
65	20 years	$1,456	$2,307	$4,529
70	16 years	$1,273	$2,081	$4,142
75	12 years	$1,074	$1,805	$3,693
80	9 years	$856	$1,509	$3,054

* Age at commencement of annuity
^{^}Annual payments per $10,000 investment / Full inflation protection

Lifetime Annuity (Liquid Lifetime)

Annual payments - Liquid Lifetime (Market-linked payments)^

Age *	Withdrawal period	Market-linked indexation payment option
		Cash	Conservative	Conservative balanced	Balanced	Growth
65	22 years	$3,732	$3,732	$3,732	$3,732	$3,732
70	18 years	$4,385	$4,385	$4,385	$4,385	$4,385
75	14 years	$5,319	$5,319	$5,319	$5,319	$5,319
80	10 years	$6,783	$6,783	$6,783	$6,783	$6,783

Age *	Withdrawal period	Market-linked indexation payment option
		Cash	Conservative	Conservative balanced	Balanced	Growth
65	20 years	$3,981	$3,981	$3,981	$3,981	$3,981
70	16 years	$4,724	$4,724	$4,724	$4,724	$4,724
75	12 years	$5,813	$5,813	$5,813	$5,813	$5,813
80	9 years	$7,491	$7,491	$7,491	$7,491	$7,491

* Age at commencement of annuity
^ Annual payments per $100,000 investment

Annuities provide a regular income, for your lifetime or for a fixed term of your choice. They can be used as the foundation of your retirement plan

Learn more