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

Company Monthly Income $
Registered Funds
Age 55
Monthly Income $
Non-registered Funds
Age 55
BMO Insurance 431.98 n/a
Canada Life 403.42 396.16
Desjardins Fin. 425.97 422.52
Empire Life 408.92 410.92
Equitable Life n.a n/a
Great-West Life 403.42 396.16
Manulife 412.01 n/a
RBC Insurance 415.48 408.91
Sun Life 403.32 399.89

10 Year Guarantee

Company Monthly Income $
Registered Funds
Age 55
Monthly Income $
Non-registered Funds
Age 55
BMO Insurance 426.37 417.31
Canada Life 403.12 395.57
Desjardins Fin. 422.59 419.35
Empire Life 405.43 406.83
Equitable Life 429.36 414.78
Great-West Life 403.12 395.57
Manulife 410.13 391.77
RBC Insurance 413.45 405.99
Sun Life 400.21 398.74

20 Year Guarantee

Company Monthly Income $
Registered Funds
Age 55
Monthly Income $
Non-registered Funds
Age 55
BMO Insurance 410.13 403.31
Canada Life 387.58 385.51
Desjardins Fin. 410.28 407.79
Empire Life 393.86 393.45
Equitable Life 414.04 399.89
Great-West Life 387.58 385.51
Manulife 393.63 382.07
RBC Insurance 395.39 390.72
Sun 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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Ivon T. Hughes - Annuity Broker

The Hughes Trustco Group | Website: LifeAnnuities.com | Email: info@trustco.ca | Toll Free: 877-842-3863