Retirement

90% of Sun Life Members Maximize Employer Match in Savings
Economy Survey

90% of Sun Life Members Maximize Employer Match in Savings

Workplace Retirement Savings Plans Are A Crucial Financial Backbone for Over 50% of Surveyed Plan Members
Many Boomers in Canada Worried About a Retirement-Savings Shortfall, Saying They’re Still Hundreds of Thousands Away from Their Savings Goal
Retirement Survey

Many Boomers in Canada Worried About a Retirement-Savings Shortfall, Saying They’re Still Hundreds of Thousands Away from Their Savings Goal

Half of Pre-Retired Boomers Say They Plan to Work in Retirement (41%) or Don’t Ever Plan to Retire (9%)
Huge Variation in Amount Non-Retired Canadians Believe They Need to Save for Their Financial Future ($427K in QC; $1.07M in BC)
Retirement Survey

Huge Variation in Amount Non-Retired Canadians Believe They Need to Save for Their Financial Future ($427K in QC; $1.07M in BC)

Almost Half (46%) of Canadians Have No Plan for Building Their Nest Egg
Housing Survey

Canadians Boomers Say Downsizing their Home in Retirement Isn’t a Guaranteed Financial Windfall

Three in Ten (27%) Downsizers say Costs were More Than Expected; Four in Ten (39%) who Haven’t are Skeptical of the Potential Savings
Financial Security Survey

One in Four Canadian Retirees (25%) Aren’t Paying Off their Monthly Debts

Credit Cards Top the List of Where Retirees Still Owe
Housing Survey

Four in ten (43%) Homeowners Planning a Reno Will Use Some Debt to Pay for It

Those Who Will Use Debt Say It’ll Take 2.5 Years to Pay Off
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