Savings Rates | Annuity: Single life Female, No Guarantee (Registered)

Sorted by: 55 Years in ascending order (Click on a column heading to sort up or down)
Financial Institution Age in Years
55 60 65 69 70 75 80
RBC Life Insurance 373.85 412.17 465.58 522.84 540.07 647.05 817.40
Canada Life 381.99 429.97 478.44 534.96 548.66 0.00 0.00
Great-West Life 381.99 429.97 478.44 534.96 548.66 0.00 0.00
Sun Life Assurance Co 386.31 432.02 497.77 563.39 583.07 691.11 852.86
Empire Life 389.68 424.72 472.78 525.04 540.61 639.17 0.00
Manulife Investments 391.12 421.68 462.48 495.21 513.47 612.51 767.98
BMO Insurance 404.40 442.00 493.59 550.69 568.02 641.04 809.78
Desjardins Fin. Security 407.01 443.75 493.39 546.60 562.35 658.84 790.64

Monthly income based on a premium of $100,000.00 of funds. Payments will commence in one month.

Annuities are investments that pay an income on a periodic (monthly, quarterly, semi-annual or annual) basis. Annuities can be purchased with registered funds from individual RRSPs, locked-in RRSPs, pension plans or deferred profit sharing plans (DPSP). Annuities can also be purchased with non-registered funds. There are generally two types of annuities. Term certain annuities pay a periodic income for a specific predetermined period of time or number of payments. Life annuities pay a periodic income for as long as the annuitant or joint annuitants live.

Prepared by Cannex on May 18, 2018

This information is current as of the date and time posted and is subject to change without notice.

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