Find the Right Annuity
Create a rock-solid income for a happy retirement, and enjoy the carefree spending. May I shop the annuity market for you?
Get the Best Annuity Rate
Rates vary significantly from company to company, so it pays to compare. Let me know if you would like a personal quote.
Man, 70
7.59%
$632.21 monthly
$116,074 to life expectancy
Woman, 70
7.12%
$592.99 monthly
$126,663 to life expectancy
Joint, 70
6.58%
$547.97 monthly
$148,609 to life expectancy
Payout rates as of May 12, 2025. Based on $100,000 of registered funds, 10-year minimum payout. Rates are indicative only and subject to change. Source: CANNEX
Use annuities to create automatic income streams
Annuities are effortless and don’t need managing
Issued by strong and secure Canadian insurance companies
Flexible minimum payouts give you control over return of capital
No upfront or annual fees, and no market swings
An annuity is the only financial product you can buy that contractually guarantees income for life
First Class Canadian Annuity Companies
Personal Service
As an independent annuity broker, I help you find the annuity that fits you best and pays you the most. Then I handle all of the paperwork. Because I have access to every Canadian annuity company, my service is objective, and there is no charge for it.
Peter Brock
Annuity Broker
We all need reliable retirement income. And the older we get, the more we need baseline income that lands in our bank accounts like clockwork and is completely foolproof.
With guaranteed income to support you throughout your retirement, you can spend more freely, knowing the well will never run dry.
Best of all, when your lifestyle is protected you have confidence in the future and peace of mind today, no matter what happens in the world.
Annuity Insights
Cover the basics
Add up your monthly living expenses and subtract your CPP, OAS, and other pension income. Any gap should be closed with an annuity to create a solid income floor underneath you.
Start small
Buy the smallest annuity that fills your income gap. Keep the majority of your portfolio invested for the long term, with some ready cash in a “stuff happens” account.
Protect your future self
Guaranteed income is your defence against things going south. No matter what’s in the cards for the economy, your investments, or your abilities – you’ll always have money coming in.
Use your interest-bearing money
Bonds and GICs can be put to good use in an annuity, allowing you to increase your return and optimize your portfolio, while preserving the remainder of your assets for growth.
Pair with dividend ETFs
Canadian dividend ETFs with low management fees pair well with annuities, to get growth and keep up with inflation. Buy, hold, and spend.
Buy one now, and another later
Annuity payouts are higher for older buyers, so consider a second one in later life, to increase your monthly income over time.
Moshe Milevsky
“There is overwhelming evidence that people over the age of 70 should use a life annuity because the longevity credits are just too significant to ignore. I’m a huge fan of annuities that act like a personal pension.”
Moshe Milvesky is a professor of finance at York University, a pension expert and a prolific author.
Fred Vettese
“In later stages of retirement, people become less capable of managing their investments, while their self-confidence remains the same or even increases. Prepare for this stage.”
Fred Vettese is a former actuary and author of the best-selling book “Retirement Income for Life”
Wade Pfau
“An annuity is very straightforward: a simple lump-sum payment, and you get income for life. It pools longevity risk across a large group of individuals; and because of its longevity credits, those who don’t live long subsidize those who live longer. An annuity can help preserve the remaining portfolio when someone lives a long time in retirement.”
Wade Pfau is a researcher focused on retirement income planning. He has published four books and over sixty peer-reviewed research articles.