Canadians are more likely to fund their own retirements than most others
Savings feel more immediate and tangible to the customer: study
Decision making becoming more complex for couples
Increased cost-sharing, reductions in medical coverage likely
Confidence in reaching retirement goals stronger in the West
Canada among world’s top savers
Pension plans account for 63% of assets
But there is a significant gap between investors’ attitudes towards retirement planning and their financial goals
Most begin saving at age 25
Investors consider income needs from a monthly perspective, survey finds