Lifetime annuities provide an income for the life of the annuitant. An annuity income is comprised of two components as follows:

return on capital and
return of capital

The "yield" for an annuity income will always be a higher than that from fixed interest rates alone. This is because it includes interest plus a capital element spread over the annuitant's expected lifetime. However, an annuity ceases on death but also continues for as long as the life continues. Thus it provides longevity protection at a price.

We offer valuations of lifetime annuities with the option to order a signed actuarial valuation. Typically, these valuations are then provided to Government agencies - such as Centrelink and the ATO - or simply for those taking an interest in their own financial future. These can be either completed via the online form below.

Variations of single life annuities include: guarantee periods, deferred commencement, joint lives, reversions and last survivors. A specific example would be a tontine that has last survivor benefits payable across multiple lives. These types of annuities require specialist advice such as that offered by an actuary.

Instant Lifetime Annuity Calculator

for a single life
Page 1 of 2
for certificate delivery - if purchased
please select one only
to revise this, please unselect first selection
e.g. your total superannuation balance in retirement phase
gross income received (per annum)
Obtained from Submitting Payment below
Previous
Next
Page 2 of 2
I understand that this valuation covers an annuity valuation whereby payment ceases on death without residual, no reversionary component applies, no guaranteed period applies and it applies to a single life only. Life tables used are for whole Australian population without selection or future improvement and on the basis that the life is in reasonable health for their age. Furthermore I understand that this is not financial or tax advice.
Previous
Next
Submit

Obtain Payment Code

We accept Mastercard, Visa or Amex
e.g. Annuitant Name