Male Annuity Rates Age 55

Annuity Details

Annuity rates as of

The monthly annuity incomes below are based on a male aged 55 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 55
Monthly Income $
Non-registered Funds
Age 55
bmo insuranceBMO Insurance 431.98 n/a
canada life insurance Canada Life 403.42 396.16
desjardins financial securityDesjardins Fin. 425.97 422.52
empire life insuranceEmpire Life 408.92 410.92
equitable life insuranceEquitable Life n/a n/a
great-west life insuranceGreat-West Life 403.42 396.16
manulife financialManulife 412.01 n/a
rbc insuranceRBC Insurance 415.48 408.91
Sun Life FinancialSun Life 403.32 399.89

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 55
Monthly Income $
Non-registered Funds
Age 55
bmo insuranceBMO Insurance 426.37 417.31
canada life insurance Canada Life 403.12 395.57
desjardins financial securityDesjardins Fin. 422.59 419.35
empire life insuranceEmpire Life 405.43 406.83
equitable life insuranceEquitable Life 429.36 414.78
great-west life insuranceGreat-West Life 403.12 395.57
manulife financialManulife 410.13 391.77
rbc insuranceRBC Insurance 413.45 405.99
Sun Life FinancialSun Life 400.21 398.74

20 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 55
Monthly Income $
Non-registered Funds
Age 55
bmo insuranceBMO Insurance 410.13 403.31
canada life insurance Canada Life 387.58 385.51
desjardins financial securityDesjardins Fin. 410.28 407.79
empire life insuranceEmpire Life 393.86 393.45
equitable life insuranceEquitable Life 414.04 399.89
great-west life insuranceGreat-West Life 387.58 385.51
manulife financialManulife 393.63 382.07
rbc insuranceRBC Insurance 395.39 390.72
Sun Life FinancialSun Life 390.95 390.08
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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