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

Sorted by: Financial Institution 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
BMO Insurance 429.93 477.33 542.98 615.91 637.50 761.04 954.91
Canada Life 419.50 470.36 533.18 594.97 616.67 0.00 0.00
Desjardins Fin. Security 402.73 455.15 526.17 600.19 621.53 730.32 860.27
Empire Life 420.38 464.31 524.29 587.65 605.83 713.36 0.00
Great-West Life 419.50 470.36 533.18 594.97 616.67 0.00 0.00
Manulife Investments 430.50 465.49 522.85 585.04 608.47 735.50 959.51
RBC Life Insurance 398.97 456.52 528.27 608.59 633.00 758.41 955.51
Sun Life Assurance Co 373.80 430.29 514.55 588.65 610.97 728.49 909.50

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 February 12, 2016

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

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