I have been quoted a payment of $ 642 per month or $ 7700 a year for a $ 100,000 immediate single life annuity with a ten year payout guarantee. (moneysense.ca)
Single life annuities provide the highest income due to the fact that payments stop on the death of the annuitant. (briansoinsurance.com)
An alternative to buying a joint life annuity is to purchase a single life annuity with a death benefit and designate your spouse as the beneficiary. (annuities.blueprintincome.com)