The News Forum - Exploring better retirement solutions

"People feel more financially insecure than ever before. If you take a step back, it is pretty clear why. Retirement financial security means being able to sustain your standard of living throughout retirement. However, if we look at the Canadian retirement income system, retirees are only really getting $20 000 in pension income and the rest should be coming from private savings but right now 80% of Canadians in the private sector are not even in a workplace pension plan," says Bonnie-Jeanne MacDonald, NIA Director of Financial Security Research.