Harris/Decima, in a poll conducted for CIBC, interviewed more than 854 Canadians aged 45-64 by phone between May 26 and June 5, 2011 regarding savings patterns this year. [canoe.ca 12 Jul 2011]:
“..nearly one-third of respondents aged 45 to 64 felt they were doing a poor job building their savings so far this year, including 17% who rated their progress as “very poor.” In all, less than half of baby boomers surveyed said they are making good progress in 2011.”
It’d be interesting to know what percentage of those who are not saving are failing to do so because they’re convinced that somehow the value of their home will see them through retirement. – vreaa
The prospect of having to shoulder the tax burden of supporting scum like this compels me to move to a European country with a more liberal tax regime.
Agreed; it’s daunting.
Just wait for changes to CPP, etc, etc.
If you’re prudent, you end up relying on yourself alone for future retirement funds.
ORLY? Wouldn’t you want to move somewhere where the pension structure is well funded, like Germany?
lol @ ORLY?
i love that
Actually, Orly is in France. =)