The IFID Centre collects and reports the average annuity payout based on numbers provided by CANNEX. As a sample,
the following table illustrates the average monthly payout
per $100,000 initial premium that a 65 year-old and 75
year-old Male/Female could obtain on any given week. Note
that the numbers for the 65 year-old assume a 10-year
payment certain. We also display the Implied Longevity Yield (ILY) values which is a measure of
the return from this particular life annuity pairing which
can be compared with the current yield from a 10-year
Government of Canada bond. For more information on the
precise methodology behind the ILY values,
click here to
read the accompanying research paper.
| |
Implied Longevity Yield |
|
Average Monthly Payout Per $100,000 Premium |
| Week |
Male |
Female |
Gov. Cda. 10 yr |
Male |
Male |
Female |
Female |
| Bond Yield |
Age 65 |
Age 75 |
Age 65 |
Age 75 |
|
|
|
|
|
|
|
|
| 02/01/08 |
5.33% |
4.82% |
3.91% |
$633.76 |
$906.44 |
$576.75 |
$790.20 |
| 09/01/08 |
5.30% |
4.78% |
3.87% |
$631.61 |
$903.47 |
$574.22 |
$787.54 |
| 16/01/08 |
5.26% |
4.73% |
3.82% |
$629.45 |
$901.16 |
$571.53 |
$785.52 |
| 23/01/08 |
5.26% |
4.74% |
3.88% |
$628.90 |
$899.85 |
$571.53 |
$784.52 |
| 30/01/08 |
5.27% |
4.77% |
3.88% |
$630.07 |
$901.91 |
$573.29 |
$786.27 |
| 06/02/08 |
5.31% |
4.78% |
3.78% |
$631.32 |
$900.15 |
$573.06 |
$784.22 |
| 13/02/08 |
5.28% |
4.76% |
3.87% |
$629.73 |
$899.53 |
$572.34 |
$783.66 |
| 20/02/08 |
5.29% |
4.77% |
3.92% |
$630.65 |
$901.59 |
$573.61 |
$786.11 |
| 27/02/08 |
5.28% |
4.77% |
3.81% |
$630.65 |
$902.59 |
$573.61 |
$787.11 |
| 05/03/08 |
5.26% |
4.74% |
3.64% |
$627.12 |
$894.07 |
$569.73 |
$779.07 |
| 12/03/08 |
5.31% |
4.82% |
3.52% |
$629.22 |
$893.30 |
$572.84 |
$778.31 |
| 19/03/08 |
5.27% |
4.87% |
3.44% |
$626.51 |
$890.63 |
$574.01 |
$775.95 |
| 26/03/08 |
5.27% |
4.83% |
3.46% |
$626.51 |
$890.53 |
$572.23 |
$775.59 |
| 02/04/08 |
5.26% |
4.83% |
3.62% |
$626.51 |
$890.83 |
$572.34 |
$775.93 |
| 09/04/08 |
5.31% |
4.86% |
3.55% |
$629.47 |
$894.58 |
$574.82 |
$779.50 |
| 16/04/08 |
5.30% |
4.91% |
3.66% |
$630.01 |
$897.95 |
$578.25 |
$782.95 |
| 23/04/08 |
5.49% |
5.07% |
3.66% |
$639.17 |
$900.27 |
$585.13 |
$784.64 |
| 30/04/08 |
5.52% |
5.10% |
3.58% |
$640.91 |
$902.06 |
$587.05 |
$786.82 |
| 07/05/08 |
5.47% |
5.10% |
3.67% |
$638.06 |
$899.82 |
$586.43 |
$784.16 |
| 14/05/08 |
5.48% |
5.11% |
3.60% |
$638.06 |
$898.76 |
$856.43 |
$783.34 |
| 21/05/08 |
5.51% |
5.13% |
3.58% |
$639.13 |
$989.26 |
$586.88 |
$782.79 |
| 25/05/08 |
5.51% |
5.11% |
3.68% |
$639.67 |
$900.09 |
$586.74 |
$784.49 |
| 04/06/08 |
5.62% |
5.27% |
3.63% |
$645.55 |
$903.95 |
$594.86 |
$789.20 |
| 11/06/08 |
5.60% |
5.28% |
3.80% |
$646.09 |
$907.53 |
$596.22 |
$791.68 |
| 18/06/08 |
5.87% |
5.41% |
3.82% |
$659.01 |
$911.13 |
$602.57 |
$794.97 |
| 25/06/08 |
5.86% |
5.38% |
3.71% |
$658.47 |
$911.23 |
$601.79 |
$795.59 |
| 02/07/08 |
5.85% |
5.36% |
3.75% |
$656.85 |
$907.49 |
$599.70 |
$792.16 |
| 09/07/08 |
5.79% |
5.29% |
3.68% |
$654.09 |
$907.07 |
$596.62 |
$791.82 |
| 16/07/08 |
5.78% |
5.30% |
3.73% |
$653.55 |
$906.11 |
$596.62 |
$790.78 |
| 23/07/08 |
5.77% |
5.28% |
3.85% |
$653.52 |
$908.26 |
$596.18 |
$792.18 |
| 30/07/08 |
5.78% |
5.27% |
3.81% |
$653.94 |
$908.72 |
$596.34 |
$793.19 |
| 06/08/08 |
5.77% |
5.28% |
3.70% |
$652.98 |
$906.45 |
$596.02 |
$791.54 |
| 13/08/08 |
5.71% |
5.24% |
3.61% |
$649.73 |
$903.77 |
$593.40 |
$788.82 |
| 20/08/08 |
5.75% |
5.25% |
3.58% |
$650.27 |
$900.70 |
$593.28 |
$786.47 |
| 27/08/08 |
5.65% |
5.17% |
3.52% |
$646.67 |
$902.51 |
$590.46 |
$787.58 |
| 03/09/08 |
5.64% |
5.17% |
3.47% |
$646.13 |
$902.91 |
$590.46 |
$797.90 |
| 10/09/08 |
5.61% |
5.16% |
3.45% |
$645.60 |
$904.40 |
$590.46 |
$789.38 |
| 17/09/08 |
5.68% |
5.18% |
3.43% |
$648.83 |
$904.96 |
$591.63 |
$790.05 |
| 24/09/08 |
5.81% |
5.32% |
3.66% |
$655.90 |
$910.29 |
$599.12 |
$795.68 |
| 01/10/08 |
6.04% |
5.59% |
3.58% |
$666.90 |
$912.71 |
$611.37 |
$797.98 |
| 08/10/08 |
5.85% |
5.36% |
3.75% |
$656.85 |
$907.49 |
$599.70 |
$792.16 |
| 15/10/08 |
6.05% |
5.60% |
3.74% |
$668.71 |
$918.40 |
$614.37 |
$805.50 |
| 22/10/08 |
6.10% |
5.69% |
3.60% |
$671.91 |
$921.10 |
$618.63 |
$807.08 |
| 29/10/08 |
6.09% |
5.67% |
3.74% |
$671.88 |
$921.76 |
$617.72 |
$807.54 |
| 05/11/08 |
6.24% |
5.79% |
3.74% |
$679.79 |
$925.79 |
$624.37 |
$810.89 |
| 12/11/08 |
6.20% |
5.74% |
3.65% |
$679.27 |
$930.90 |
$623.84 |
$815.80 |
| 19/11/08 |
6.06% |
5.62% |
3.50% |
$672.71 |
$930.36 |
$618.44 |
$815.29 |
| 26/11/08 |
5.96% |
5.56% |
3.36% |
$667.30 |
$927.39 |
$614.93 |
$812.15 |
| 03/12/08 |
5.93% |
5.53% |
3.15% |
$665.63 |
$926.27 |
$613.27 |
$811.08 |
| 10/12/08 |
5.85% |
5.46% |
3.09% |
$661.85 |
$924.05 |
$609.29 |
$808.86 |
| 17/12/08 |
5.86% |
5.46% |
2.87% |
$661.85 |
$923.48 |
$609.29 |
$808.31 |
| 24/12/08 |
5.88% |
5.47% |
2.80% |
$661.85 |
$920.45 |
$608.69 |
$805.89 |
| 31/12/08 |
5.89% |
5.49% |
2.69% |
$661.94 |
$918.21 |
$608.86 |
$803.88 |
For older data, please choose from the following years:
