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 473.62 n/a
canada life insurance Canada Life 455.98 447.34
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 465.86 467.76
equitable life insuranceEquitable Life n/a n/a
great-west life insuranceGreat-West Life 455.98 447.34
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 438.62 423.70
Sun Life FinancialSun Life 434.92 428.74

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 60
Monthly Income $
Non-registered Funds
Age 60
bmo insuranceBMO Insurance 463.67 451.90
canada life insurance Canada Life 449.47 446.08
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 458.55 459.23
equitable life insuranceEquitable Life 463.62 448.87
great-west life insuranceGreat-West Life 449.47 446.08
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 462.42 450.52
Sun Life FinancialSun Life 429.07 426.90

20 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 60
Monthly Income $
Non-registered Funds
Age 60
bmo insuranceBMO Insurance 434.36 426.67
canada life insurance Canada Life 428.81 425.53
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 436.41 434.50
equitable life insuranceEquitable Life 436.54 422.41
great-west life insuranceGreat-West Life 428.81 425.53
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 435.83 430.52
Sun Life FinancialSun Life 411.56 410.42
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