Four in Ten (39%) Retirees Retired with Debt

One in Three (35%) Retirees are Worried that Inflation Will Negatively Impact their Retirement Income

Monday, April 26, 2010

Toronto, ON – Four in ten (39%) retired Canadians over the age of 50 and with assets of at least $100,000 retired with some form of debt, according to a new Ipsos Reid poll conducted on behalf of RBC. Nearly one quarter (22%) had a mortgage on their primary residence, 17% still had consumer debt, 7% had some other debt and 5% had...

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Four in Ten (39%) Retirees Retired with Debt

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SeanSimpson Sean Simpson
Associate Vice President
Ipsos Reid
Work+1.416.572.4474