How much does a $100,000 annuity pay?
Category : News
Our accumulated data for the year 2023 to date from annuity market surveys reveals that $100,000 non-registered Canadian funds used by a male age 65 to purchase a single life pay annuity with a 10 year guarantee period would receive between $527 and $578 monthly for the rest of his life. If that same male was 75 years of age at time of purchase, he would receive between $646 and $728 per month for the rest of his life. Payments commence in one month from purchase date. Payments must be paid to the annuitant during the guarantee period whether or not the purchaser is alive or dead. If you would like to know how much an annuity would pay to you go to Get a free Quote right now.