Remove uncertainty by locking in a known Lifetime Income Rate 

Allianz Guaranteed Income for Life (AGILE) is a flexible retirement income solution that provides a guaranteed lifetime income. One of the unique features of AGILE is the ability to lock-in a known lifetime income rate – with guaranteed annual increases every year you wait to start your income.
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Why is your Lifetime Income Rate important? 

Your Lifetime Income Rate is crucial because it determines the percentage of your Investment Value you will receive as income when you elect to start your guaranteed Lifetime Income payments and will vary depending on when you commence your Lifetime Income and which Income Options you choose.

How is your Lifetime Income Rate calculated?

Your Lifetime Income Rate1 begins with your Age-Based Rate1 and increases by a guaranteed annual rate (known as the Annual Income Escalator) for every year you wait to start your lifetime income.

Age-Based Rate


Your Age-Based Rate is the foundation of your Lifetime Income Rate - it’s determined by:

• Your age when you start your AGILE investment; and

• The payment option you choose when commencing your Lifetime Income.

You’ll be advised of your Age-Based Rate at the Commencement Date, and this will not change during your investment.

 

 

Annual Income Escalator


An Annual Income Escalator is added to your Age-Based Rate for each complete year you remain in the Growth Phase.

The longer you remain invested in the Growth Phase, the higher your guaranteed Lifetime Income Rate will be.

Your Annual Income Escalator rate is also known at the time you commence your AGILE investment and will not change during your investment.

 

1 A different set of Age-Based Rates and Annual Income Escalators may apply depending on whether:

-    Rising or fixed payment options are selected

-    The Age Pension+ Option is selected; and

-    The Spouse Insured Option is selected.

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John's Lifetime Income Example 

To better understand how AGILE helped John secure his future lifetime income rate of 8.20% p.a., let’s look at how John's lifetime income rate is calculated.

John’s age is 55 at commencement of his investment in AGILE, making his Age-Based rate 4.60% (John chose the Lifetime Income - Fixed option). Each year John delays starting his lifetime income and remains in the Growth Phase, his Age-Based Rate increases by his Annual Income Escalator of 0.30%.

John elects to wait 12 years and at age 67 decides to commence his guaranteed lifetime income, meaning his Lifetime Income Rate has grown to 8.20% (4.60% Age Based Rate + 3.60% Total Income Escalator) of his investment value at that time. 

Current Lifetime Income Rates including the Age-Based Rate and the Annual Income Escalator can be viewed here.

This is an illustrative example only. All figures used in this example are illustrative only.

*John, aged 55, invests in AGILE and at 12 years commences his income payments drawn from his AGILE investment, which then continue for the rest of his life. The above rate is for illustrative purposes only for John as at March 2024. The current applicable rates are available on our website. An investment in AGILE is not a bank or term deposit, or an equity or fund investment.

 

 

AGILE Case Study

Paul & Mary are anxious about running out of money, market downturns and their ability to cover unexpected costs. They fear that they may have to reduce their spending and sacrifice their retirement plans and lifestyle to ensure savings are accessible and don’t run out too soon.

Download

 

 

 

Income Estimator

Our Income Estimator is a generic educational tool that explores the impact of deferring income on an investment and electing certain features.

 

Calculate

AGILE Product Information Pack

If you would like to receive an AGILE adviser pack, please complete the form below.

By providing your details in this form, you consent to your information being collected by Allianz Retire+ for the purposes of providing information about Allianz Guaranteed Income for Life (AGILE) and Allianz Retire+. Your personal information will be handled in accordance with our Privacy Policy available at: Privacy Policy | Allianz Retire+ | Powered by PIMCO

With Allianz Retire+, it all adds up to certainty

At Allianz Retire+ we believe that all Australians should be able to live their lives with certainty and not have to worry about tomorrow’s ‘what ifs’, market volatility or whether they’ll have enough money for the future. That’s why we’re committed to delivering innovative retirement income solutions with a guaranteed income for life. We’re proud to be part of the Allianz family, that’s been helping Australians for over 100 years.

 

 

HUB24 Custodial Services Ltd is the operator of HUB24 Invest (an investor directed portfolio service), promoter and service provider of HUB24 Super which is a regulated superannuation fund. The trustee and issuer of interests in HUB24 Super is HTFS Nominees Pty Limited ABN 78 000 880 553, AFSL 232 500, RSE Licence No. L0003216. No entity within the HUB24 group nor HTFS Nominees guarantees any payments under AGILE, and they are not responsible for the performance of any Allianz Retire+ product, or any other product or service promoted or supplied by Allianz. © HUB24

Introducing Allianz Guaranteed Income for Life (AGILE)

AGILE is a long-term retirement income solution designed to help you meet two goals specific to investing in retirement:

- Growing your retirement savings whilst reducing or limiting investment risk; and

- Securing the certainty of a stable and sustainable guaranteed income for life.

 

How it works – Growth Phase & Lifetime Income Phase

The Growth Phase

John’s starting Lifetime Income Rate is 4.60% (assuming he chooses the Lifetime Income - Fixed option).

Each year he delays starting his lifetime income, his Lifetime Income Rate increases by his Annual Income Escalator of 0.30%. 

Lifetime Income Phase

By waiting 12 years to start his income, John’s Lifetime Income Rate has increased to 8.20%.

(4.60% Age Based Rate + 3.60% total Annual Income Escalator).

Download full case study

Secure Income Certainty

Your Lifetime Income Rate is the percentage of your Investment Value you will receive as a guaranteed lifetime income. It commences with an Age-Based Rate1 and increases by an Annual Income Escalator1 for each complete year you defer commencing your lifetime income. The longer you remain in the Growth Phase, the higher your guaranteed Lifetime Income Rate.

 

 

 

Both the Age-Based Rate and the Annual Income Escalator can be viewed online and are locked in when you commence your AGILE investment – allowing to plan and make informed investment, retirement and income decisions.
Find out how much income could be generated or the initial investment amount required to generate a specified initial annual income.
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Age Based Rate

Your Age-Based Rate is the foundation of your Lifetime Income Rate - it’s determined by:

• Your age when you start your AGILE investment; and

• The payment option you choose when commencing your Lifetime Income.

You’ll be advised of your Age-Based Rate at the Commencement Date, and this will not change during your investment.

Annual Income Escalator

An Annual Income Escalator is added to your Age-Based Rate for each complete year you remain in the Growth Phase. The longer you remain invested in the Growth Phase, the higher your guaranteed Lifetime Income Rate will be.

Your Annual Income Escalator rate is also known at the time you commence your AGILE investment and will not change during your investment.

We’re here to help

If you would like to learn more about how our retirement specific products can help your clients, please complete the form below to book a meeting.

 

By providing your details in this form, you consent to your information being collected by Allianz Retire+ for the purposes of providing information about Allianz Guaranteed Income for Life (AGILE) and Allianz Retire+. Your personal information will be handled in accordance with our Privacy Policy available at: Privacy Policy | Allianz Retire+ | Powered by PIMCO