Children hear new words from many different talkers; to learn words most efficiently, they should be able to represent them independently of talker-specific pronunciation detail. However, do children know what the component sounds of words should be, and can they use that knowledge to deal with different talkers' phonetic realizations? Experiment 1 replicated prior studies on lexically guided retuning of speech perception in adults, with a picture-verification methodology suitable for children. One participant group heard an ambiguous fricative ([s/f]) replacing /f/ (e.g., in words like "giraffe"); another group heard [s/f] replacing /s/ (e.g., in "platypus"). The first group subsequently identified more tokens on a "Simpie-[s/f]impie-Fimpie" toy-name continuum as "Fimpie". Experiments 2 and 3 found equivalent lexically guided retuning effects in 12- and 6-year-olds. Children aged 6 have all that is needed for adjusting to talker variation in speech: detailed and abstract phonological representations and the ability to apply them during spoken-word recognition. (Contains 6 figures and 2 tables.)