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 |
|
|
|
|
|
|
|
|
| 01/07/09 |
5.79% |
5.42% |
2.93% |
$657.37 |
$918.05 |
$606.21 |
$804.30 |
| 01/14/09 |
5.88% |
5.56% |
2.55% |
$661.77 |
$919.47 |
$612.64 |
$806.15 |
| 01/21/09 |
5.86% |
5.60% |
2.73% |
$660.03 |
$916.89 |
$613.15 |
$802.81 |
| 01/28/09 |
5.96% |
5.70% |
2.97% |
$666.66 |
$924.05 |
$620.28 |
$810.39 |
| 02/04/09 |
6.01% |
5.75% |
3.12% |
$669.87 |
$928.53 |
$623.52 |
$814.73 |
| 02/11/09 |
6.02% |
5.75% |
2.94% |
$671.84 |
$933.80 |
$625.60 |
$819.81 |
| 02/18/09 |
5.96% |
5.71% |
2.86% |
$667.52 |
$928.15 |
$621.83 |
$814.34 |
| 02/25/09 |
5.96% |
5.72% |
2.95% |
$668.09 |
$928.87 |
$622.38 |
$815.01 |
| 03/04/09 |
5.98% |
5.72% |
3.01% |
$668.16 |
$926.88 |
$621.97 |
$813.07 |
| 03/11/09 |
6.00% |
5.73% |
2.92% |
$668.88 |
$926.54 |
$622.21 |
$812.98 |
| 03/18/09 |
6.02% |
5.75% |
2.70% |
$670.01 |
$926.96 |
$623.25 |
$813.19 |
| 03/25/09 |
5.99% |
5.72% |
2.96% |
$667.74 |
$923.05 |
$620.74 |
$809.78 |
| 04/01/09 |
5.99% |
5.68% |
2.77% |
$667.74 |
$924.38 |
$619.60 |
$810.96 |
| 04/08/09 |
6.02% |
5.73% |
2.89% |
$668.64 |
$922.40 |
$620.99 |
$809.05 |
| 04/15/09 |
6.04% |
5.73% |
2.94% |
$669.20 |
$920.96 |
$620.40 |
$807.71 |
| 04/22/09 |
6.02% |
5.66% |
2.93% |
$667.53 |
$918.21 |
$616.62 |
$805.01 |
| 04/29/09 |
6.02% |
5.66% |
3.08% |
$667.41 |
$918.14 |
$616.51 |
$804.77 |
| 05/06/09 |
6.00% |
5.63% |
3.07% |
$666.88 |
$919.41 |
$615.54 |
$805.52 |
| 05/13/09 |
5.95% |
5.60% |
3.10% |
$664.10 |
$916.53 |
$613.29 |
$802.52 |
| 05/20/09 |
5.96% |
5.62% |
3.14% |
$664.11 |
$916.24 |
$613.86 |
$802.21 |
| 05/27/09 |
6.29% |
5.97% |
3.57% |
$680.30 |
$920.02 |
$630.41 |
$805.72 |
| 06/03/09 |
6.32% |
6.02% |
3.34% |
$684.10 |
$928.16 |
$634.83 |
$813.29 |
| 06/10/09 |
6.28% |
5.99% |
3.65% |
$682.32 |
$929.03 |
$633.68 |
$814.10 |
| 06/17/09 |
6.34% |
6.03% |
3.44% |
$682.55 |
$920.18 |
$633.24 |
$806.42 |
| 06/24/09 |
6.28% |
5.97% |
3.45% |
$679.22 |
$917.90 |
$629.84 |
$804.23 |
| 07/01/09 |
6.19% |
5.87% |
3.33% |
$674.79 |
$917.70 |
$625.30 |
$804.62 |
| 07/08/09 |
6.14% |
5.79% |
3.24% |
$670.67 |
$910.37 |
$619.69 |
$798.01 |
| 07/15/09 |
6.05% |
5.68% |
3.46% |
$666.50 |
$910.37 |
$615.41 |
$798.27 |
| 07/22/09 |
6.07% |
5.70% |
3.42% |
$667.06 |
$909.13 |
$615.41 |
$796.22 |
| 07/29/09 |
5.97% |
5.60% |
3.50% |
$666.35 |
$921.48 |
$614.96 |
$807.16 |
| 08/07/09 |
6.02% |
5.60% |
3.55% |
$666.74 |
$915.19 |
$613.58 |
$802.82 |
| 08/12/09 |
6.02% |
5.60% |
3.49% |
$666.74 |
$916.08 |
$613.58 |
$802.93 |
| 08/19/09 |
6.02% |
5.60% |
3.37% |
$666.74 |
$915.29 |
$613.58 |
$802.93 |
| 08/26/09 |
6.06% |
5.64% |
3.36% |
$666.74 |
$910.05 |
$613.58 |
$798.63 |
| 09/02/09 |
6.06% |
5.64% |
3.29% |
$666.74 |
$910.05 |
$613.58 |
$798.61 |
| 09/09/09 |
6.06% |
5.64% |
3.38% |
$666.74 |
$910.05 |
$613.58 |
$798.61 |
| 09/16/09 |
6.04% |
5.62% |
3.35% |
$665.52 |
$908.99 |
$612.38 |
$797.77 |
| 09/23/09 |
6.04% |
5.62% |
3.38% |
$665.52 |
$908.99 |
$612.38 |
$797.77 |
| 09/30/09 |
6.02% |
5.64% |
3.28% |
$664.28 |
$907.49 |
$612.72 |
$795.29 |
| 10/07/09 |
5.95% |
5.58% |
3.25% |
$661.11 |
$907.17 |
$609.53 |
$793.78 |
| 10/14/09 |
5.94% |
5.56% |
3.49% |
$661.11 |
$908.48 |
$609.53 |
$795.87 |
| 10/21/09 |
5.92% |
5.54% |
3.41% |
$661.11 |
$911.16 |
$609.53 |
$798.63 |
| 10/28/09 |
5.92% |
5.54% |
3.42% |
$661.11 |
$910.88 |
$609.53 |
$798.36 |
| 11/04/09 |
5.93% |
5.58% |
3.45% |
$660.03 |
$906.18 |
$608.98 |
$792.82 |
| 11/11/09 |
5.94% |
5.56% |
3.47% |
$660.03 |
$905.23 |
$608.98 |
$794.90 |
| 11/18/09 |
5.93% |
5.54% |
3.38% |
$660.57 |
$907.43 |
$608.98 |
$796.77 |
| 11/25/09 |
5.95% |
5.56% |
3.22% |
$660.57 |
$905.05 |
$608.98 |
$794.38 |
| 12/02/09 |
5.92% |
5.53% |
3.22% |
$658.34 |
$902.64 |
$606.69 |
$792.34 |
| 12/09/09 |
5.88% |
5.47% |
3.29% |
$658.34 |
$907.91 |
$606.69 |
$798.96 |
| 12/16/09 |
5.86% |
5.48% |
3.37% |
$658.34 |
$911.64 |
$608.29 |
$802.59 |
| 12/23/09 |
5.84% |
5.49% |
3.54% |
$658.59 |
$914.25 |
$609.67 |
$805.11 |
| 12/30/09 |
5.86% |
5.51% |
3.57% |
$659.55 |
$915.67 |
$610.56 |
$806.38 |
For older data, please choose from the following years:
