Who’s Responsible for Your Retirement Savings?
by Sean Simpson
Who’s responsible for your retirement savings? It seems in Canada, that most stand up and say ‘I am’ - Canadians believe that they themselves are primarily responsible for ensuring they are financially secure in retirement. On average, Canadians say that their share of the responsibility for ensuring they have a financially secure retirement is 59%, with the rest of the pie being divvied up and shared among the government (19%), their employer (10%), another family member (8%) or their financial advisor (5%). These are key findings of the quarterly RBC Canadian Consumer Outlook Index conducted by Ipsos Reid.
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