Canadian Retirees Surveyed - How Do You Compare?

The Ontario Securities Commission surveyed 1500 Canadians age 50 and older about retirement.

Their findings report was nearly 100 slides long and provides insights into several key topics for both retirees and soon-to-be retirees.

I went through the report and pulled out the most eye-opening findings. In today’s video, we are going to cover each of these topics and what the findings mean in the following 5 areas:

1. Current financial situation
2. Retirement expectations vs. retirement reality
3. The impact of unexpected events on retirement
4. How Canadians are planning their CPP and OAS decisions
5. Top Concerns for retirees and pre-retirees

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TIMELINE:

0:00 - Introduction
1:09 - Current Financial Situation of Retirees
3:40 - Expectations vs. Reality in Retirement
7:19 - Unexpected Events in Retirement
9:44 - CPP and OAS Decisions
11:03 - Top Concerns for Retirees
13:03 - Closing