Results: Sources of Retirement Income
Published on 04/01/2019
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.
QUESTIONS
GO to COMMENTS
Comments
1.
1.
How close to retirement are you? Within a day!
4%
89 votes
Within 5 years.
10%
207 votes
Within 10 years.
11%
234 votes
Within 20 years.
12%
251 votes
Within 30 years.
8%
170 votes
Within 40 years.
5%
107 votes
Other (please specify)
11%
233 votes
Not Applicable
38%
807 votes
2.
2.
What savings vehicle have you used to save for retirement? Check all that apply. Defined benefit pension plan.
17%
365 votes
Defined contribution pension plan.
15%
325 votes
Registered Retirement Savings Plan (Canadian) or IRA (American) or ?? (Europe, other countries etc)
25%
524 votes
None - I'll be depending on government benefits.
17%
355 votes
Private savings. Such as a portfolio of stocks and bonds, a secret Swiss bank account or a Tax Free Savings Account (Canadian).
23%
482 votes
A portfolio of rental properties.
3%
55 votes
Not Applicable
36%
753 votes
3.
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%
540 votes
No
43%
903 votes
Undecided
31%
655 votes
4.
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.
33%
682 votes
No, there's too much information out there.
43%
897 votes
I don't pay any attention to that stuff.
22%
459 votes
Other (please specify)
3%
60 votes
COMMENTS