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 426.90 n/a
canada life insurance Canada Life 416.35 406.35
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 422.30 424.44
equitable life insuranceEquitable Life n/a n/a
great-west life insuranceGreat-West Life 416.35 406.35
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 396.66 387.96
Sun Life FinancialSun Life 380.86 377.48

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 55
Monthly Income $
Non-registered Funds
Age 55
bmo insuranceBMO Insurance 421.39 412.31
canada life insurance Canada Life 412.51 405.60
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 418.70 420.21
equitable life insuranceEquitable Life 422.43 406.26
great-west life insuranceGreat-West Life 412.51 405.60
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 397.49 389.08
Sun Life FinancialSun Life 378.07 376.61

20 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 55
Monthly Income $
Non-registered Funds
Age 55
bmo insuranceBMO Insurance 405.30 398.45
canada life insurance Canada Life 400.61 393.87
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 406.97 406.63
equitable life insuranceEquitable Life 407.48 391.80
great-west life insuranceGreat-West Life 400.61 393.87
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 386.24 379.23
Sun Life FinancialSun Life 369.46 368.59
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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