Canada Retirement Planning Market Report 2024
Retirement planning engagement is low despite high product ownership. This disconnect highlights the need to connect retirement savings to immediate financial goals, making planning more relevant.
Retirement planning engagement is low despite high product ownership. This disconnect highlights the need to connect retirement savings to immediate financial goals, making planning more relevant.
Retirement planning engagement is low despite high product ownership. This disconnect highlights the need to connect retirement savings to immediate financial goals, making planning more relevant. Many lack confidence in their retirement savings, indicating a need for clearer guidance. Economic pressures are driving increased budget awareness, creating an opportune moment to shift passive habits into active planning.
A significant retirement planning gap exists for women across generations. They need support from an early age through retirement. Addressing this requires targeted resources and guidance to ensure their long-term financial security.
Perceived financial wellness, more so than income, is the key driver of retirement savings worries. Making retirement planning feel possible for everyone, regardless of income, is crucial. Improving financial well-being now leads to better retirement outcomes. Resources are needed to address current financial stress.
Health concerns compound retirement anxieties. Worries about future healthcare costs highlight the need to encourage investment in personal health. This holistic approach to well-being is essential for a secure and comfortable retirement.
Retirement readiness hinges on engagement. Economic pressures drive greater attention towards savings, opening the door to shift consumers to active planning.
Vince DiGirolamo, Director, North America Reports