Male Annuity Rates Age 60

Annuity Details

Annuity rates as of February 12, 2018

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

Insurance 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

Insurance 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

Insurance 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)