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 504.43 538.91 587.86 658.68 752.53 925.80
Canada Life logoCanada Life 454.66 489.76 539.84 615.04 731.03 918.93
Desjardins logoDesjardins 478.69 518.26 573.06 651.87 748.65 892.27
Empire Life logoEmpire Life 442.14 482.76 538.62 615.12 717.74 -
Manulife Investments logoManulife Investments 499.04 534.27 584.20 655.97 752.82 896.78
RBC Life Insurance logoRBC Life Insurance 456.06 495.52 548.16 621.82 737.65 921.87
Sun Life Assurance logoSun Life Assurance 470.99 506.55 557.18 634.57 - -

Single Life — Female

Company 55 60 65 70 75 80
BMO Insurance logoBMO Insurance 490.44 520.42 563.23 619.48 678.56 829.21
Canada Life logoCanada Life 434.19 462.84 502.89 559.56 644.17 775.72
Desjardins logoDesjardins 456.05 490.19 536.85 602.27 678.66 806.04
Empire Life logoEmpire Life 419.58 452.29 497.61 562.03 656.34 -
Manulife Investments logoManulife Investments 484.42 515.19 559.28 616.55 685.37 812.43
RBC Life Insurance logoRBC Life Insurance 435.24 470.27 517.49 580.07 673.73 824.16
Sun Life Assurance logoSun Life Assurance 450.25 484.14 528.29 592.53 - -

Joint Life —

Company 55 60 65 70 75 80
BMO Insurance logoBMO Insurance 456.35 475.90 504.74 541.93 573.22 676.90
Canada Life logoCanada Life 409.69 430.62 460.97 504.82 571.75 677.02
Desjardins logoDesjardins 427.19 453.35 489.82 541.87 600.52 712.65
Empire Life logoEmpire Life 393.85 418.31 452.23 500.22 570.11 -
Manulife Investments logoManulife Investments 450.17 472.30 507.44 550.64 595.82 701.16
RBC Life Insurance logoRBC Life Insurance 410.84 436.35 472.06 520.78 590.35 701.57
Sun Life Assurance logoSun Life Assurance 424.85 445.80 475.27 524.30 - -

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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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