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

Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
BMO Insurance 639.37 n/a
Canada Life 591.95 563.62
Desjardins Fin. 610.43 602.29
Empire Life 596.02 589.56
Equitable Life n.a n/a
Great-West Life 591.95 563.62
Manulife 577.37 n/a
RBC Insurance 629.27 600.08
Sun Life 636.55 608.85

10 Year Guarantee

Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
BMO Insurance 595.17 576.21
Canada Life 560.66 558.70
Desjardins Fin. 587.83 581.29
Empire Life 564.43 556.03
Equitable Life 603.28 562.19
Great-West Life 560.66 558.70
Manulife 542.61 499.56
RBC Insurance 594.77 590.45
Sun Life 603.99 599.05

20 Year Guarantee

Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
BMO Insurance 498.19 491.50
Canada Life 475.08 488.01
Desjardins Fin. 507.31 505.10
Empire Life 493.63 488.85
Equitable Life 512.30 473.72
Great-West Life 476.08 488.01
Manulife 471.40 452.11
RBC Insurance 516.85 515.47
Sun 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