Results for - Sources of Retirement Income

2,098 voters participated in this survey

I'm curious about how people are saving for their retirements. Pension plans (which kind), depend on government benefits, private savings, etc. I'm getting on in years and this has become an interest of mine. I serve on two pension committees and I'm a little surprised at the lack of knowledge out there.

1. How close to retirement are you?

Within a day!
4%
83 votes
Within 5 years.
10%
194 votes
Within 10 years.
11%
219 votes
Within 20 years.
12%
239 votes
Within 30 years.
8%
164 votes
Within 40 years.
5%
101 votes
Other (please specify)
12%
230 votes
Not Applicable
39%
770 votes

2. What savings vehicle have you used to save for retirement? Check all that apply.

Defined benefit pension plan.
17%
348 votes
Defined contribution pension plan.
16%
311 votes
Registered Retirement Savings Plan (Canadian) or IRA (American) or ?? (Europe, other countries etc)
25%
503 votes
None - I'll be depending on government benefits.
17%
336 votes
Private savings. Such as a portfolio of stocks and bonds, a secret Swiss bank account or a Tax Free Savings Account (Canadian).
23%
467 votes
A portfolio of rental properties.
3%
50 votes
Not Applicable
36%
714 votes

3. Do you have adequate savings to retire on your preferred retirement date, whether that's at age 50, age 65, or age 73?

Yes
26%
515 votes
No
43%
860 votes
Undecided
31%
625 votes

4. Do you find learning about money and finance is easy?

Yes, anything I want to know is out there. I just have to visit the library or Google it.
32%
646 votes
No, there's too much information out there.
43%
859 votes
I don't pay any attention to that stuff.
22%
439 votes
Other (please specify)
3%
56 votes
04/02/2019 Money 2098 44 By: Primer_Scott46

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By: Primer_Scott46