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 638.83 n/a
canada life insurance Canada Life 595.26 571.98
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 605.92 599.72
equitable life insuranceEquitable Life n/a n/a
great-west life insuranceGreat-West Life 595.26 571.98
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 570.87 549.68
Sun Life FinancialSun Life 611.36 584.03

10 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 594.67 575.70
canada life insurance Canada Life 570.17 566.99
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 574.20 566.00
equitable life insuranceEquitable Life 593.96 561.75
great-west life insuranceGreat-West Life 570.17 566.99
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 595.13 577.71
Sun Life FinancialSun Life 580.98 576.05

20 Year Guarantee

Insurance Company Monthly Income $
Registered Funds
Age 70
Monthly Income $
Non-registered Funds
Age 70
bmo insuranceBMO Insurance 497.68 490.99
canada life insurance Canada Life 489.97 487.00
desjardins financial securityDesjardins Fin. n/a n/a
empire life insuranceEmpire Life 503.94 499.28
equitable life insuranceEquitable Life 504.41 474.20
great-west life insuranceGreat-West Life 489.97 487.00
manulife financialManulife n/a n/a
rbc insuranceRBC Insurance 506.78 505.42
Sun Life FinancialSun Life 505.63 504.27
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