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 500.25 534.24 584.42 662.68 752.53 925.80
Canada Life logoCanada Life 469.25 503.87 553.06 627.45 742.59 929.25
Desjardins logoDesjardins 490.05 529.32 583.84 662.41 764.08 906.96
Empire Life logoEmpire Life 445.79 486.23 541.90 618.22 720.64 -
Manulife Investments logoManulife Investments 499.45 534.33 583.94 655.72 760.48 895.60
RBC Life Insurance logoRBC Life Insurance 466.79 504.76 555.94 629.58 745.75 922.46
Sun Life Assurance logoSun Life Assurance 475.82 511.44 562.15 639.67 - -

Single Life — Female

Company 55 60 65 70 75 80
BMO Insurance logoBMO Insurance 486.82 516.31 559.22 615.00 671.44 821.98
Canada Life logoCanada Life 448.49 476.94 516.29 572.36 655.63 786.06
Desjardins logoDesjardins 467.49 501.33 547.70 612.85 694.06 820.84
Empire Life logoEmpire Life 423.26 455.77 500.88 565.09 659.23 -
Manulife Investments logoManulife Investments 485.20 515.61 559.35 616.29 686.18 811.26
RBC Life Insurance logoRBC Life Insurance 446.60 480.71 526.04 587.64 681.55 824.69
Sun Life Assurance logoSun Life Assurance 454.99 488.95 533.16 597.50 - -

Joint Life —

Company 55 60 65 70 75 80
BMO Insurance logoBMO Insurance 452.77 471.87 500.86 537.66 566.64 670.41
Canada Life logoCanada Life 424.02 444.88 474.48 517.67 583.46 687.20
Desjardins logoDesjardins 438.58 464.36 500.45 552.13 615.25 726.94
Empire Life logoEmpire Life 397.59 421.81 455.48 503.22 572.88 -
Manulife Investments logoManulife Investments 451.29 473.05 507.45 550.39 608.37 700.35
RBC Life Insurance logoRBC Life Insurance 422.25 447.11 481.48 528.55 597.67 705.50
Sun Life Assurance logoSun Life Assurance 429.51 450.47 479.94 529.01 - -

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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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