Canadians feel poorly about retirement planning but keep saving anyway

CNW/ - New data from Edward Jones Canada shows 70 per cent of Canadians report negative feelings about RRSP contributions. Confusion is the most common emotion (40%), with many others feeling unsure ...

Posthaste: Increasing cost of living is eroding Canadians' retirement confidence

Canada’s high cost of living is eroding the confidence of its residents when it comes to their retirement plans.

CIBC Poll: Most Canadians aim to retire at 61, but few feel confident they'll achieve it

According to a new CIBC poll, most Canadians plan to retire at 61 and are staying the course in their long-term financial strategies, with three quarters (76 per cent) reporting that their approach to ...
Wealth Professional

Canadians boost retirement saving and pension participation, but planning gaps persist

Canadian-specific findings from T. Rowe Price’s Global Retirement Savers Study reveals that nearly half of workplace savers say they are contributing as much as they can afford to their employer plans ...

Ready to Retire This Year? 3 Strategies for Canadians Coming Up on the Big Milestone

Here are three top strategies every Canadian nearing retirement may want to consider, or at least think about, right now. The post Ready to Retire This Year? 3 Strategies for Canadians Coming Up on ...
Cantech Letter

BMO Survey: Majority of Canadians Say Rising Costs Negatively Affecting Retirement Plans

Inflation isn’t just driving up everyday costs – it’s eroding Canadians’ confidence in their retirement plans, according to the latest BMO Retirement Survey.
Canadian HR Reporter

Canadians saving for retirement, but confidence still low: report

Currently, 70% of Canadians report negative emotions about RRSP contributions, reports Edward Jones. Among them, 40% say they feel confused, 37% are unsure they are maximising their RRSP opportunities ...
MoneySense

Canadians fear a tougher road to retirement—and plan to help their kids along the way

Most Canadians say saving for retirement will be harder than it was for their parents, with many expecting to support their ...
Seeking Alpha

BMO Survey: Canadians' Retirement Outlook Forecasts 'Golden Years' Losing Their Shine

Two thirds (67%) believe saving for retirement is harder for them than it was for their parents. 77% worry saving for retirement will be harder for the next generation Nearly half (49%) plan to help ...
Wealth Professional

Confusion clouds retirement planning, but savings intentions remain resilient

Financial strain continues to weigh heavily. Forty-two per cent identify pressures such as insufficient income, elevated living costs and debt repayment as their primary obstacle to retirement saving ...
Money.ca on MSN

Canadians remain anxious about retirement — but planning helps, survey finds

Taking time to plan — and trust the CPP — helps Canadians feel more confident about their retirement future ...

Why ‘I’ll never retire’ isn’t a realistic retirement strategy

But the survey also revealed that those who never plan to retire should remember one important fact: life doesn’t always go ...