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

Insurance Company Monthly Income $
Registered Funds
Age 60
Monthly Income $
Non-registered Funds
Age 60
bmo insuranceBMO Insurance 478.63 n/a
canada life insurance Canada Life 450.53 440.21
desjardins financial securityDesjardins Fin. 468.55 464.08
empire life insuranceEmpire Life 453.54 455.28
equitable life insuranceEquitable Life n/a n/a
great-west life insuranceGreat-West Life 450.53 440.21
manulife financialManulife 447.22 n/a
rbc insuranceRBC Insurance 458.79 450.30
Sun Life FinancialSun Life 457.98 451.72

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 60
Monthly Income $
Non-registered Funds
Age 60
bmo insuranceBMO Insurance 468.53 456.78
canada life insurance Canada Life 443.36 439.05
desjardins financial securityDesjardins Fin. 462.76 458.67
empire life insuranceEmpire Life 446.39 446.93
equitable life insuranceEquitable Life 471.72 453.61
great-west life insuranceGreat-West Life 443.36 439.05
manulife financialManulife 438.44 419.52
rbc insuranceRBC Insurance 459.06 445.32
Sun Life FinancialSun Life 451.57 449.38

20 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 60
Monthly Income $
Non-registered Funds
Age 60
bmo insuranceBMO Insurance 439.01 431.36
canada life insurance Canada Life 420.36 420.01
desjardins financial securityDesjardins Fin. 441.15 438.36
empire life insuranceEmpire Life 424.36 422.35
equitable life insuranceEquitable Life 444.00 426.66
great-west life insuranceGreat-West Life 420.36 420.01
manulife financialManulife 420.58 402.92
rbc insuranceRBC Insurance 430.71 426.27
Sun Life FinancialSun 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