Annuity Rate Comparisons

Single vs Joint
Published:

Single vs Joint Comparison Table

Age Single ( Male) Single ( Female) Joint Diff. vs Joint Diff. vs Joint

Annuity rates are based on the following assumptions.

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

All Insurer Rate Tables

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

Single Life — Male

Company 55 60 65 70 75 80
BMO Insurance logoBMO Insurance 499.65 533.07 581.55 657.54 751.39 924.64
Canada Life logoCanada Life 466.41 501.49 551.42 626.40 742.13 929.86
Desjardins logoDesjardins 484.36 523.78 578.44 657.13 753.78 897.16
Empire Life logoEmpire Life 442.91 483.40 539.10 615.45 717.92 -
Manulife Investments logoManulife Investments 494.76 529.61 579.22 651.10 752.82 889.75
RBC Life Insurance logoRBC Life Insurance 462.68 501.34 552.91 626.51 742.54 921.34
Sun Life Assurance logoSun Life Assurance 477.94 513.14 563.36 640.24 - -

Single Life — Female

Company 55 60 65 70 75 80
BMO Insurance logoBMO Insurance 486.22 515.14 557.51 613.32 672.53 823.09
Canada Life logoCanada Life 445.83 474.49 514.45 570.88 655.16 786.39
Desjardins logoDesjardins 461.76 495.75 542.27 607.56 683.78 810.97
Empire Life logoEmpire Life 420.40 452.97 498.13 562.39 656.55 -
Manulife Investments logoManulife Investments 480.59 510.96 554.70 611.67 681.86 805.48
RBC Life Insurance logoRBC Life Insurance 442.25 476.72 522.86 584.64 676.86 824.31
Sun Life Assurance logoSun Life Assurance 457.21 490.78 534.53 598.29 - -

Joint Life —

Company 55 60 65 70 75 80
BMO Insurance logoBMO Insurance 452.17 470.72 499.19 536.07 567.65 671.41
Canada Life logoCanada Life 421.19 442.13 472.32 515.86 582.36 687.17
Desjardins logoDesjardins 432.87 458.84 495.12 546.99 605.42 717.40
Empire Life logoEmpire Life 394.73 419.04 452.80 500.62 570.35 -
Manulife Investments logoManulife Investments 446.85 468.59 503.38 545.49 597.73 695.35
RBC Life Insurance logoRBC Life Insurance 417.84 442.97 477.91 525.58 594.77 701.09
Sun Life Assurance logoSun Life Assurance 431.98 452.58 481.61 530.13 - -

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Insight: Single life payouts are typically higher than joint life payouts at the same age because joint payments are designed to continue for two lives.

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