Male Annuity Rates Age 70

Annuity Details

Annuity rates as of

The monthly annuity incomes below are based on a male aged 70 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 70
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 639.37 n/a
canada life insurance Canada Life 591.95 563.62
desjardins financial securityDesjardins Fin. 610.43 602.29
empire life insuranceEmpire Life 596.02 589.56
equitable life insuranceEquitable Life n/a n/a
great-west life insuranceGreat-West Life 591.95 563.62
manulife financialManulife 577.37 n/a
rbc insuranceRBC Insurance 629.27 600.08
Sun Life FinancialSun Life 636.55 608.85

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 595.17 576.21
canada life insurance Canada Life 560.66 558.70
desjardins financial securityDesjardins Fin. 587.83 581.29
empire life insuranceEmpire Life 564.43 556.03
equitable life insuranceEquitable Life 603.28 562.19
great-west life insuranceGreat-West Life 560.66 558.70
manulife financialManulife 542.61 499.56
rbc insuranceRBC Insurance 594.77 590.45
Sun Life FinancialSun Life 603.99 599.05

20 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 498.19 491.50
canada life insurance Canada Life 475.08 488.01
desjardins financial securityDesjardins Fin. 507.31 505.10
empire life insuranceEmpire Life 493.63 488.85
equitable life insuranceEquitable Life 512.30 473.72
great-west life insuranceGreat-West Life 476.08 488.01
manulife financialManulife 471.40 452.11
rbc insuranceRBC Insurance 516.85 515.47
Sun Life FinancialSun Life 526.26 524.94
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