Annuity Rate Comparisons

Male vs Female
Published:

Male vs Female Comparison Table

Age Avg Male Avg Female Difference ( - ) % Gap

Annuity rates are based on the following assumptions.

• $100,000 of registered funds • No guarantee period • Payments begin in one month

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Use the button to view all insurer rates. Monthly income per $100,000; no guarantee period.

Male — Annuity Rates

Company 55 60 65 70 75 80
BMO Insurance 485.99 522.62 575.25 650.71 759.67 933.09
Canada Life 463.44 497.69 546.96 620.94 735.97 922.31
Desjardins 473.04 512.76 567.70 646.62 748.65 892.27
Empire Life 440.81 481.20 536.78 613.00 715.37 -
Manulife Investments 493.75 531.12 584.95 660.94 762.88 927.18
RBC Life Insurance 458.88 498.23 551.00 625.02 741.34 927.02
Sun Life Assurance 472.97 508.25 558.46 635.13 - -

Female — Annuity Rates

Company 55 60 65 70 75 80
BMO Insurance 471.25 502.30 547.24 606.06 675.27 825.87
Canada Life 442.66 471.11 510.50 566.62 649.76 779.72
Desjardins 450.37 484.66 531.45 597.01 678.66 806.04
Empire Life 418.36 450.85 495.91 560.06 654.10 -
Manulife Investments 478.55 510.54 556.98 616.60 699.41 821.85
RBC Life Insurance 438.06 472.99 520.09 582.94 676.88 826.94
Sun Life Assurance 452.30 485.96 529.75 593.38 - -

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Insight: Males typically receive slightly higher monthly income than females at the same age due to life expectancy assumptions.

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