A quarter of seniors have $5,000 or less saved for retirement: survey
Canadian seniors’ financial and physical health have not improved over the past three years, a new survey by the National Institute on Ageing reveals.
The research organization surveyed nearly 6,000 seniors aged 50 and older for its third iteration of their annual study, which was released Jan. 28.
“In some cases, there’s actually a very small but [noticeable] shift towards things getting worse,” said Natalie Iciaszczyk, lead study author and research program manager at the institute.