Annuity Rate Comparisons 
                            
                            
                                
                                 
                             
                              Published:  Oct 21, 2025 
                            
                            
                            
                                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.
                            View All Insurer Rates 
                            
                            
                                
                                Single Life —   Male 
                                
                                    
                                        
                            Company 
                            55 
                            60 
                            65 
                            70 
                            75 
                            80 
                         
                            BMO Insurance 
                            484.21 
                            522.62 
                            576.97 
                            649.57 
                            752.82 
                            926.09 
                         
                            Canada Life 
                            453.68 
                            488.23 
                            537.59 
                            612.02 
                            727.36 
                            914.52 
                         
                            Desjardins 
                            468.05 
                            508.10 
                            563.45 
                            642.90 
                            745.66 
                            890.02 
                         
                            Empire Life 
                            430.29 
                            471.17 
                            527.30 
                            604.14 
                            707.18 
                            - 
                         
                            Manulife Investments 
                            483.05 
                            519.84 
                            573.13 
                            649.27 
                            750.85 
                            913.92 
                         
                            RBC Life Insurance 
                            443.39 
                            484.49 
                            539.60 
                            615.68 
                            732.27 
                            918.28 
                         
                            Sun Life Assurance 
                            465.40 
                            500.67 
                            550.84 
                            627.32 
                            - 
                            - 
                                                              
                                 
                                
                                Single Life —   Female 
                                
                                    
                                        
                            Company 
                            55 
                            60 
                            65 
                            70 
                            75 
                            80 
                         
                            BMO Insurance 
                            473.04 
                            494.19 
                            538.74 
                            598.28 
                            662.16 
                            812.55 
                         
                            Canada Life 
                            432.86 
                            461.12 
                            500.85 
                            556.98 
                            640.16 
                            770.86 
                         
                            Desjardins 
                            445.18 
                            479.76 
                            526.91 
                            592.89 
                            675.12 
                            803.12 
                         
                            Empire Life 
                            407.45 
                            440.33 
                            485.81 
                            550.41 
                            644.99 
                            - 
                         
                            Manulife Investments 
                            468.50 
                            499.86 
                            545.72 
                            604.80 
                            687.31 
                            808.85 
                         
                            RBC Life Insurance 
                            422.04 
                            457.89 
                            506.95 
                            573.24 
                            667.52 
                            816.17 
                         
                            Sun Life Assurance  
                            444.49 
                            477.99 
                            521.60 
                            584.91 
                            - 
                            - 
                                                              
                                 
                                
                                Joint Life —  
                                
                                    
                                        
                            Company 
                            55 
                            60 
                            65 
                            70 
                            75 
                            80 
                         
                            BMO Insurance 
                            439.10 
                            450.18 
                            481.06 
                            521.79 
                            558.08 
                            661.95 
                         
                            Canada Life 
                            408.79 
                            429.56 
                            458.97 
                            502.70 
                            568.52 
                            672.38 
                         
                            Desjardins 
                            416.23 
                            442.88 
                            479.89 
                            532.55 
                            596.87 
                            709.63 
                         
                            Empire Life 
                            381.77 
                            406.47 
                            440.65 
                            488.91 
                            559.12 
                            - 
                         
                            Manulife Investments 
                            435.73 
                            457.82 
                            493.68 
                            537.40 
                            599.64 
                            697.13 
                         
                            RBC Life Insurance 
                            397.22 
                            423.38 
                            460.28 
                            511.71 
                            583.55 
                            695.71 
                         
                            Sun Life Assurance 
                            419.44 
                            440.19 
                            469.39 
                            517.73 
                            - 
                            - 
                                                              
                                 
                                
                                    
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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.