Joint Annuity Rates Age 60

Annuity Details

Annuity rates as of

The monthly annuity incomes below are based on a male and female aged 60 with a deposit of $100,000.00. Annuity payments will commence in one month.

For personal annuity rates please use our Annuity Quote Form.

No Guarantee Period

Insurance Company Monthly Income $
Registered Funds
Age 60
bmo insuranceBMO Insurance 390.68
canada life insurance Canada Life 386.01
desjardins financial securityDesjardins Fin. n/a
empire life insuranceEmpire Life 384.79
equitable life insuranceEquitable Life n/a
manulife financialManulife n/a
rbc insuranceRBC Insurance 379.20
Sun Life FinancialSun Life 362.80 358.45

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 60
bmo insuranceBMO Insurance 390.44 383.34
canada life insurance Canada Life 385.91
desjardins financial securityDesjardins Fin. n/a
empire life insuranceEmpire Life 384.69
equitable life insuranceEquitable Life 393.57
manulife financialManulife n/a
rbc insuranceRBC Insurance 384.91
Sun Life FinancialSun Life 362.66
About the guarantee period:
  • A life annuity with a no guarantee period is payable for the annuitants lifetime and stops upon death.
  • A life annuity with a guarantee period option is payable for the annuitant's lifetime or for the guarantee period, whichever is longer. If the annuitant dies before the completion of the guaranteed annuity payments, payment may continue to the beneficiaries or the current value of the remaining guaranteed payments will be paid to the appointed beneficiary.
TIP: Annuities can be purchased with either:
  • Registered Funds (RRSP, RRIF, RPP, LIRA, LIF/LRIF, etc.)
  • Non-Registered Funds (Savings Accounts, GIC, TFSA, etc)

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