CANNEX

What is My Return with an Income Annuity? (IRR)
 
The Internal Rate of Return (IRR) is a measurement typically used to evaluate the investment performance of a number of products like a bond or GIC. Your IRR from an income annuity depends on how long you will live, which is unknown. This analysis provides a way to view the return of an income annuity by graphing the IRR you will receive against your future longevity.
 
Income Annuity Information
 
Annuity Type
Select the type of annuity that you are interested in
Single Life
Joint Life

Age
Select the age that is closest to your own
60 years old
75 years old

Premium
Select the amount of money that you would like to invest in an income annuity
$60,000
$250,000