Find the Right Annuity
Create a rock-solid income for a happy retirement, and enjoy the carefree spending. May I shop the life 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%
$547.99 monthly
$148,615 to life expectancy
Payout rates as of April 21, 2025. Based on $100,000 of registered funds, 10-year minimum payout. Rates are indicative only and subject to change. Source: CANNEX
Use life annuities to create automatic income streams
Annuities are effortless and don’t need managing
Issued by strong and secure Canadian insurance companies
Your choice of minimum payout – preserve capital or maximize income
No commission 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
At Your Service
As an independent annuity broker, I have access to every Canadian annuity issuer. I shop the market to find the best-paying annuities and I help you understand the pros and cons so you know what to expect. There is no charge for this service because the insurance company compensates the broker.
Peter Brock
Annuity Broker
Over the years, I’ve learned the value of retirement income that combines guarantees with growth. Annuities and pensions bring the guarantees, and the portfolio provides the growth.
My background is in investments, and during my time in the business I saw many retired, well-off clients spend less than they could, out of concern they might need the money later. On the other hand, clients with ample pension income would spend more freely, knowing the well would never run dry.
And so I started this advisory service, to help you set up a safe and automatic retirement income. The older you get, the more you need income that’s reliable and completely foolproof. And knowing you are protected gives you the confidence to spend (and invest) 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.