Male Annuity Rates Age 60

Annuity Details

Annuity rates as of

The monthly annuity incomes below are based on a male 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

Company Monthly Income $
Registered Funds
Age 60
Monthly Income $
Non-registered Funds
Age 60
BMO Insurance 478.63 n/a
Canada Life 450.53 440.21
Desjardins Fin. 468.55 464.08
Empire Life 453.54 455.28
Equitable Life n.a n/a
Great-West Life 450.53 440.21
Manulife 447.22 n/a
RBC Insurance 458.79 450.30
Sun Life 457.98 451.72

10 Year Guarantee

Company Monthly Income $
Registered Funds
Age 60
Monthly Income $
Non-registered Funds
Age 60
BMO Insurance 468.53 456.78
Canada Life 443.36 439.05
Desjardins Fin. 462.76 458.67
Empire Life 446.39 446.93
Equitable Life 471.72 453.61
Great-West Life 443.36 439.05
Manulife 438.44 419.52
RBC Insurance 459.06 445.32
Sun Life 451.57 449.38

20 Year Guarantee

Company Monthly Income $
Registered Funds
Age 60
Monthly Income $
Non-registered Funds
Age 60
BMO Insurance 439.01 431.36
Canada Life 420.36 420.01
Desjardins Fin. 441.15 438.36
Empire Life 424.36 422.35
Equitable Life 444.00 426.66
Great-West Life 420.36 420.01
Manulife 420.58 402.92
RBC Insurance 430.71 426.27
Sun Life 432.97 431.83
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