As people face longer lifespans, rising healthcare costs, and increasing pressure to support children into adulthood , planning for retirement is only becoming more important. A crucial part of that is knowing how the system works — which, according to a new survey, is something Canadians need to do better at.
In the first-ever edition of its RSI Index, the Retirement and Savings Institute at HEC Montreal surveyed a population of 3,000 Canadians aged 35 to 54 years old.
“The 35-54 age group was targeted because it includes those individuals who should be in an accumulation phase with respect to retirement […]
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