Annuity Rate Comparisons
Short vs Long Guarantee Periods — Comparison Table
| Age | Male | Female | Joint | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Short (0yr) | Long (10yr) | Diff | Short (0yr) | Long (10yr) | Diff | Short (0yr) | Long (10yr) | Diff | |
Annuity rates are based on the following assumptions.
• $100,000 of registered funds • Short (0-year) and long (10-year) guarantee periods • Payments begin in one month
Insight: Annuities with short-term guarantee periods typically pay higher monthly income than those with long-term guarantees since fewer payments are guaranteed.
