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Results: The pension/retirement plans online survey

Published on 04/19/2012
By: Billy_Whizz
2071
Money
1.
1.
Do you have a financial plan in place for your retirement?
Do you have a financial plan in place for your retirement?
Yes
34%
694 votes
No
55%
1136 votes
Not Applicable
12%
241 votes
2.
2.
Which of the following plans do you have?
The 401k plan.
23%
474 votes
The Savings Incentive Match Plans For Employees (SIMPLE).
7%
137 votes
The Simplified Employee Pension plan (SEP).
6%
118 votes
Registered Retirement Savings Plan (RRSP)
11%
225 votes
Deferred Profit Sharing Plan (DPSP)
5%
101 votes
Company pension plan
10%
216 votes
Relying on Government pension
9%
181 votes
Nothing
47%
970 votes
Other (please specify)
4%
84 votes
3.
3.
I plan to retire
Early
17%
361 votes
At normal retirement age
30%
623 votes
Later than normal retirement age
23%
473 votes
Not applicable
27%
557 votes
Other (please specify)
3%
57 votes
4.
4.
What drives your retirement age plan?
I own my own business and enjoy what I do, I'll retire when I feel like it
14%
287 votes
I have to work, I can't afford not to
35%
735 votes
I haven't thought about the details of my retirement yet
33%
675 votes
Company or government policy
12%
250 votes
Other (please specify)
6%
124 votes
5.
5.
Do you think people should retire to free up jobs for younger workers?
Yes, if the industry supports it
33%
677 votes
No, it's up to the individual and the organization to decide
66%
1358 votes
Other (please specify)
2%
36 votes
6.
6.
The North American retirement age is being phased in to be 67 years from 65 years. Are you in agreement with this?
Yes, with the large boomer population hitting the retirement age, increasing the age will help governments meet their pension obligations
37%
759 votes
No, 65 is old enough
61%
1265 votes
Other (please specify)
2%
47 votes
7.
7.
Are you concerned about the lifestyle you will be able to maintain when you retire?
Yes
56%
1154 votes
No
24%
495 votes
Not worrying about this now
20%
422 votes
COMMENTS